| Convertible debt consists of the following (Tables) |
The Company determined that the modification of these Notes was not a substantial modification in accordance with ASC 470-50, “Modifications and Extinguishments.” | Convertible debt consists of the following:
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| December 31, 2014
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| December 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 to April 2015
| $
| 240,000
| $
| 375,054
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| 11% Convertible note payable – HEP Investments, LLC, a related party, net of unamortized discount of $1,794,272 and $2,235,217 , respectively, due at various dates ranging from April 2015 to December 2016
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| 3,625,428
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| 1,814,783
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| 11% Convertible note payable, net of unamortized discount of $29,707 as of December 31, 2013
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| -
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| 320,293
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| 3,865,428
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| 2,510,130
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| Less: Current portion
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| 3,628,386
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| 1,619,319
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| Long term portion
| $
| 237,042
| $
| 890,811
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