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Notes Payable (Narrative) (Details) (USD $)
9 Months Ended
Sep. 30, 2013
Dec. 31, 2012
Sep. 30, 2013
STL Loan 1
Sep. 30, 2013
STL Loan 2
Short-term Debt, Lender    

CNCG

 

The prior shareholders of Nollec Wireless

 

Short-term Debt, Terms    

There was note issued to CNCG as part of the Company acquisition of Portables, with an original face amount of $500,000, term from October 11, 2011 to October 11, 2014, and annual interest rate of 2.0%. The outstanding balance of the note is $205,937. As of November 25, 2013, the note is in default.

 

 

 

The Company issued a note for $870,000 on or about June 1, 2010 to the prior shareholders of Nollec Wireless as part of the acquisition consideration for Nollec Wireless. The outstanding balance of the note is $145,000 as of September 30, 2013; the note carries an interest rate 6% per annum. As of November 25, 2013, the note is in default.

 

 

 

Short-term loans $ 350,937 $ 0 $ 205,937 $ 145,000
Short-term Debt, Interest Rate     2.00% 6.00%