Note 5. Convertible Notes Payable (Tables)

6 Months Ended

Jun. 30, 2014

Convertible notes payable consist of the following as of June 30, 2014 and December 31, 2013:

	June 30, 2014			December 31, 2013
Convertible note payable, dated April 1, 2010, bearing interest at 10% per annum, matured on March 31, 2013 and convertible into shares of common stock at $0.01 per share	$	12,185		$	11,598
Convertible note payable, dated May 15, 2010, bearing interest at 10% per annum, matured on March 31, 2013 and convertible into shares of common stock at $0.01 per share		6,248			5,947
Convertible note payable, dated October 31, 2012, bearing interest at 10% per annum, matures on April 30, 2014 and convertible into shares of common stock at $0.02		1,423			1,423
Convertible note payable, dated April 1, 2013, bearing interest at 10% per annum, matures on March 31, 2015 and convertible into shares of common stock at $0.01		5,999			25,613
Convertible note payable, dated June 30, 2013, bearing interest at 10% per annum, matures on June 30, 2015 and convertible into shares of common stock at $0.01		136,969			167,185
Convertible note payable, dated September 30, 2013, bearing interest at 10% per annum, matures on September 30, 2015 and convertible into shares of common stock at $0.01		312,310			312,310
Convertible note payable, dated June 30, 2014, bearing interest at 10% per annum, matures on June 30, 2016 and convertible into shares of common stock at $0.005		162,946			—
Total convertible notes payable	$	638,080		$	524,076

Less: current portion of convertible notes payable		(162,824	)		—
Less: discount on noncurrent convertible notes payable		(448,796	)		(442,118	)
Convertible notes payable, net of discount	$	26,460		$	81,958