5. Receivable from Former Officer and Director (Tables)

6 Months Ended

Jun. 30, 2013

Receivable From Former Officer And Director Tables

Receivable

	June 30,			December 31,
	2013			2012
Gross receivable
Sale of Company common stock, net proceeds retained by Mr. Feller	$	640,000		$	640,000
Value of 378,661 shares of common stock owed by Mr. Feller to the Company, valued at December 31, 2012 price of $0.19 and at June 30, 2013 price of $0.155		58,693			71,946
Vintage automobile retained by Mr. Feller		38,100			38,100
Other		4,622			4,622
Total		741,415			754,668
Offsets to receivable
Deferred salary		(113,667	)		(113,667	)
Expense reports submitted and approved		(30,540	)		(30,540	)
Write off receivable based on stock offsets (see below)		(538,515	)		(538,515	)
Net receivable	$	58,693		$	71,946