Note 5 - Convertible Debt (Tables)

9 Months Ended

Sep. 30, 2014

Note 5 - Convertible Debt Tables

Summary of convertible debentures outstanding

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

	Face Value		Initial Discount			Accumulated Amortization		Carrying Value
July Notes (Series A)	$	173,858	$	(84,788	)	$	84,788	$	173,858
October and November Notes (Series B)		624,372		(254,004	)		240,678		611,046
August Notes (Series C)		240,000		—			—		240,000
September Notes (Series D)		360,275		(30,058	)		2,395		332,612
July 2014 Convertible Notes		52,500		(14,629	)		3,531		41,402
Total	$	1,451,005	$	(383,479	)	$	331,392	$	1,398,918