Convertible Debentures

9 Months Ended

Sep. 30, 2013

Convertible Debentures [Text Block]

4	Convertible Debentures
	On December 31, 2012, the Company sold a $1 million 12% unsecured convertible debt due December 31, 2014 to Palo Verde Acquisitions LLC. As of December 31, 2012, the Company had received consideration of $500,000 related to this debt. In January 2013, the Company collected the remaining debt proceeds of $500,000 related to the $1 million convertible Palo Verde debt issued on December 31, 2012.