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Note 5 - Convertible Debentures: Schedule Of Interest Expense Convertible Debentures (Tables)
9 Months Ended
Sep. 30, 2013
Tables/Schedules  
Schedule Of Interest Expense Convertible Debentures

 

Three months ended September 30,

Nine months ended September 30,

2013

2012

2013

 

2012

Amortization of original issue discount

$                    - 

 

$                    78,588

$                  155,443

 

$                  229,416

Amortization of beneficial conversion feature and warrant allocation

-  

187,242

415,811

522,713

Amortization of loan costs

                       - 

55,515

                     104,392

                     165,337

Penalty interest

                     - 

                               - 

                     144,121

                               -  

Stated interest payable in cash

                       124,012

                               -  

                       135,294

                               -  

$                  124,012

$                  321,345

$                  955,061

$                  917,466