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Note 5. Notes Payable: Schedule of Notes Payable (Tables)
3 Months Ended
Mar. 31, 2016
Tables/Schedules  
Schedule of Notes Payable

The table below summarizes the Company's debt arising from the above-described sources as of March 31, 2016 and December 31, 2015:

 

Gross Amount

Loan Facility

Owed

 

 

Line of Credit

$1,000,000

 

 

Private Placements:

 

   March 1, 2010

475,000

   October 25, 2010

487,500

 

 

Total Private Placements

962,500

 

 

Interest Bearing Advances

42,500

 

 

Total

$2,005,000