Convertible Debt Details of debt instruments (Details) (USD $)
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Sep. 30, 2014
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Dec. 31, 2013
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1% Convertible notes payable, net of unamortized discount of $-0- and $5,546 respectively, due at various dates ranging from October 2014 to May 2015 | $ 240,000 | $ 375,054 |
11% Convertible note payable - HEP Investments, LLC, a related party, net of unamortized discount of $2,270,176 and $2,235,217, respectively, due at various dates ranging from October 2014 to December 2015 | 3,064,824 | 1,814,783 |
11% Convertible note payable - Venture Group, net of unamortized discount of $29,707 | 0 | 320,293 |
Total Convertible notes payable | 3,304,824 | 2,510,130 |
Less: Current portion | 2,823,431 | 1,619,319 |
Long term portion | $ 481,393 | $ 890,811 |
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- Definition
The portion of the carrying value of long-term convertible debt as of the balance sheet date that is scheduled to be repaid within one year or in the normal operating cycle if longer. Convertible debt is a financial instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. No definition available.
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- Definition
LongtermportionOfConvertibleNotesPayable No definition available.
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- Definition
1% Convertible notes payable, net of unamortized discount of $-0- and $5,546 respectively, due at various dates ranging from October 2014 to May 2015 No definition available.
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- Definition
11% Convertible note payable - HEP Investments, LLC, a related party, net of unamortized discount of $1,452,751 and $2,235,217, respectively, due at various dates ranging from July 2014 to December 2015 No definition available.
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- Definition
1% Convertible notes payable, net of unamortized discount of $-0- and $5,546 respectively, due at various dates ranging from October 2014 to May 2015 No definition available.
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- Definition
11% Convertible note payable - Venture Group, net of unamortized discount of $29,707 No definition available.
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