Quarterly report pursuant to Section 13 or 15(d)

Convertible debt consists of the following (Tables)

v2.4.0.8
Convertible debt consists of the following (Tables)
6 Months Ended
Jun. 30, 2013
Convertible debt consists of the following  
Convertible debt consists of the following

Convertible debt consists of the following:

 

 

 

 

 

 

June 30, 2013

 

December 31, 2012

 

 

(Unaudited)

 

 

1% Convertible notes payable, net of unamortized discount of $23,562 and $45,300 respectively, due at various dates ranging from January 2014 to September 2014

$

462,038

$

440,300

 

 

 

 

 

11% Convertible note payable, net of unamortized discount of $1,633,665 and $695,935, respectively, due at various dates ranging from December 2013 to May 2015

 

1,198,335

 

636,066

 

 

1,660,373

 

1,076,366

Less:  Current portion

 

1,260,989

 

482,458

 

 

 

 

 

            Long term portion

$

399,384

$

593,908