NOTES AND LOANS PAYABLE TO RELATED PARTIES (Tables)

6 Months Ended

Jun. 30, 2012

NOTES AND LOANS PAYABLE TO RELATED PARTIES (Tables)

Notes and Loans Payable to Related Parties Maturities

The total amount payable to officers, directors and related parties as of June 30, 2012 was 3,166,645 including accrued interest of $82,429.  The maturities under the notes and loan payable to related parties for the next five years are:

Year Ended December, 31,
2012	$	989,923 -
2013		2,176,722
2014		-
2015		-
2016		-
Total future maturities		3,166,645