• Filing Date: 2013-04-12
  • Form Type: 10-K
  • Description: Annual report
v2.4.0.6
Notes and interest receivables of un related parties (Details) (USD $)
Dec. 31, 2012
Aug. 25, 2012
Dec. 31, 2011
Convertible Notes Receivable Interest Rate at 9% $ 1,500,000   $ 1,500,000
Five $50,000 5% secured notes 0   250,000
Total of Notes Receivable gross 1,500,000   1,750,000
Allowance for Doubtful Accounts on Notes Receivable (1,500,000)    
Total of Notes Receivable net 0   1,750,000
Accrued interest on 9% Convertible Notes Receivable 548,048   413,048
Accrued interest on Five $50,000 5% secured notes     7,431
Total accrued interest on notes receivables gross 548,048   420,479
Allowance for Doubtful interest receivable on Notes Receivables (548,048)    
Total accrued interest on notes receivables net 0   420,479
Offset of the notes receivable   250,000  
Offset of accrued interest receivable   $ 10,729