4. NOTES PAYABLE

3 Months Ended

Mar. 31, 2013

Payables and Accruals [Abstract]

4. NOTES PAYABLE

4. NOTES PAYABLE

Notes payable as of March 31, 2013 and December 31, 2012 consists of the following:

	March 31, 2013		December 31, 2012
Stockholder An unsecured loan from a stockholder which is payable on demand with interest at 12%. The note was dated November 1, 2007, and the note matures and the principal is payable upon the demand of the lender.	$	116,000	$	116,000
Lafayette Community Bank A term loan secured by a stockholder, payable in monthly installments of $2,587 commencing in December 25, 2009 but refinanced in May 2011. The loan is due in full on May 18, 2016. Interest accrues monthly at 7.5% per annum.		91,209		97,185
Stockholder Demand loan payable with interest at 5% per month. The loan is secured by the Company’s accounts receivable. The note payable matured on December 17, 2009 at which the debt became due and payable and therefore currently in default.		50,000		50,000
Chase Equipment loans to finance the purchase of a trucks, payable monthly in installments of $533, which include interest at 5.34% per annum.		8,634		10,104
TOTAL	$	265,843	$	273,289
Less current portion		197,136		197,058
Non-current portion	$	68,707	$	76,231

Principal payments for the next five years ending March 31:

2014	$	197,136
2015		29,549
2016		29,093
2017		10,065
Thereafter		0
Total	$	265,843