Note 8 - Convertible Debt (Tables)

12 Months Ended

Dec. 31, 2013

Note 8 - Convertible Debt Tables

Summary of convertible debentures outstanding

The following is a summary of convertible debentures outstanding as of December 31, 2013:

	Face Value		Initial Discount			Amortization		Carrying Value
July 2012 Notes	$	205,224	$	(84,788	)	$	60,058	$	180,494
September 2012 Notes		330,900		(115,712	)		77,141		292,329
October & November Notes		59,000		(13,317	)		7,909		53,592
November – Related Party Notes		565,372		(240,687	)		140,401		465,086
Total	$	1,160,496	$	(454,504	)	$	285,509	$	991,501