Note 5 - Convertible Debt (Tables)

6 Months Ended

Jun. 30, 2014

Note 5 - Convertible Debt Tables

Summary of convertible debentures outstanding

The following is a summary of convertible debentures outstanding as of June 30, 2014:

	Face Value		Initial Discount			Accumulated Amortization		Carrying Value
July Notes	$	197,344	$	(84,788	)	$	81,255	$	193,811
August and September Notes		330,900		(115,712	)		106,069		321,257
October and November Notes		624,372		(254,004	)		211,812		582,180
Total	$	1,152,616	$	(454,504	)	$	399,136	$	1,097,424