11. Payable to Officer and Former Officer

9 Months Ended

Sep. 30, 2013

Working Capital

NOTE 11 - Payable to Officer and Former Officer

The amounts payable to an officer and a former officer pursuant to their employment agreements:

	September 30,		December 31,
	2013		2012
Officer pursuant to employment agreement	$	156,358	$	156,358
Promissory note to former officer		55,000		55,000
	$	211,358	$	211,358

In connection with the 2010 employment agreement for its then Senior Vice President and Chief Operating Officer, the Company owes this former officer $55,000, which is the remaining portion of a promissory note assumed by the Company in connection with this employment agreement. In connection with the 2010 employment agreement for the Company’s Chief Financial Officer, the Company owes this officer $156,358 for unpaid amounts consisting of consulting fees prior to employment, expenses, salary increases and signing bonus.