Note 8 - Debt (Tables)

12 Months Ended

Dec. 31, 2014

Note 5 - Convertible Debt Tables

Summary of convertible debentures outstanding

The following is a summary of convertible debentures outstanding as of December 31, 2014:

	Face Value		Initial Discount			Amortization		Debt Extinguishment		Carrying Value
Convertible Promissory Notes	$	52,500		(14,629	)		7,218		—		45,089
Series A Debentures	$	167,540	$	(69,219	)	$	69,219	$	—	$	167,540
Series B Debentures		161,932		(69,135	)		69,135		69,135		161,932
Series C Debentures		350,833		(72,869	)		—		72,869		350,833
Series D Debentures		763,199		(267,285	)		9,992		237,227		743,133
Series E Debentures		145,000		(145,000	)		33,725		—		33,725
Total Debentures	$	1,588,504	$	(623,508)		$	182,017	$	310,096	$	1,457,163
	Face Value		Initial Discount			Amortization		Derivative Liability			Carrying Value
Convertible Debenture	$	113,128		(66,423	)		3,336		65,422		115,463
Total	$	1,754,132	$	(895,678	)	$	383,743		375,518	$	1,617,7156

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

	Face Value		Initial Discount			Amortization		Carrying Value
Series A Debentures	$	205,224	$	(84,788	)	$	60,058	$	180,494
Series B Debentures		955,272		(369,716	)		225,451		811,007
Total	$	1,160,496	$	(454,504	)	$	285,509	$	991,501