Note 5 - Convertible Debentures: Schedule of Carrying Values of Convertible Debentures (Tables)

9 Months Ended

Sep. 30, 2014

Tables/Schedules

Schedule of Carrying Values of Convertible Debentures

	September 30, 2014	December 31, 2013
Debentures Due June 22, 2013, in default at June 30, 2014, interest at 18%	$                     729,425	$                  1,352,975
Debentures Due June 23, 2015, interest at 10%	2,353,000	2,553,000
Carrying value	$                  3,082,425	$                  3,905,975