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Note 5 - Convertible Debt: Schedule of Convertible Debentures (Tables)
9 Months Ended
Sep. 30, 2013
Tables/Schedules  
Schedule of Convertible Debentures

 

 

Face Value

Initial Discount

Accumulated

Amortization

Carrying Value

July Notes

 $   207,140

   $    (84,788)

$  49,460

     $ 171,812

September Notes

      330,900

    (115,712)

    62,677

        277,865

October and November Notes

        59,000

      (13,317)

      6,328

          52,011

November – Related Party Notes

      565,372

     (240,687)

  110,040

        434,725

Total

 $1,162,412

 $  (454,504)

$228,505

     $ 936,413