Note 11 - Subsequent Events	6 Months Ended
Jun. 30, 2014
Note 11 - Subsequent Events
Note 11 - Subsequent Events	NOTE 11 - SUBSEQUENT EVENTS In July and August 2014, the Company borrowed from accredited investors and related parties $192,500, pursuant to six-month convertible promissory notes bearing interest at 14% per year. The notes are convertible at $.165 per share with the same warrant consideration as for the shares privately sold as set forth in Note 9 above. The Company incurred no commission costs in connection with these transactions. In August 2013, the Company executed a lease for 8,713 square feet for its corporate offices located in Portsmouth, New Hampshire. The lease commenced on August 9, 2013 and has a five-year term ending on September 8, 2018. The monthly rental payments for the first year are $10,165 per month and will increase on each anniversary at a rate of 3% per annum. The Company is required to pay its proportionate share of the building’s common area maintenance (“CAM”), real estate taxes, utilities serving the premises and the cost of premises janitorial service estimated to be $5,209.60 on a monthly basis. On August 11, 2014, the landlord declared the Company in default based on its failure to pay rent and other charges due since July 2014. The Company is attempting to negotiate a settlement of the lease with the landlord and is in the process of moving its office to smaller, less expensive premises in the neighboring area. The Company has defaulted on its obligation to pay the July Notes in July 2014 and on its obligation to pay $200,000 principal of the August and September Notes due in August 2014. The Company is in negotiations with the Note holders in an effort to restructure these debt obligations.

Note 11 - Subsequent Events

6 Months Ended

Jun. 30, 2014

NOTE 11 - SUBSEQUENT EVENTS

In July and August 2014, the Company borrowed from accredited investors and related parties $192,500, pursuant to six-month convertible promissory notes bearing interest at 14% per year. The notes are convertible at $.165 per share with the same warrant consideration as for the shares privately sold as set forth in Note 9 above. The Company incurred no commission costs in connection with these transactions.

In August 2013, the Company executed a lease for 8,713 square feet for its corporate offices located in Portsmouth, New Hampshire. The lease commenced on August 9, 2013 and has a five-year term ending on September 8, 2018. The monthly rental payments for the first year are $10,165 per month and will increase on each anniversary at a rate of 3% per annum. The Company is required to pay its proportionate share of the building’s common area maintenance (“CAM”), real estate taxes, utilities serving the premises and the cost of premises janitorial service estimated to be $5,209.60 on a monthly basis.

On August 11, 2014, the landlord declared the Company in default based on its failure to pay rent and other charges due since July 2014. The Company is attempting to negotiate a settlement of the lease with the landlord and is in the process of moving its office to smaller, less expensive premises in the neighboring area.

The Company has defaulted on its obligation to pay the July Notes in July 2014 and on its obligation to pay $200,000 principal of the August and September Notes due in August 2014. The Company is in negotiations with the Note holders in an effort to restructure these debt obligations.