4. Notes Payable

3 Months Ended

Mar. 31, 2012

Text Block [Abstract]

4. Notes Payable

4.             NOTES PAYABLE

Notes payable as of March 31, 2012 and December 31, 2011 consists of the following:

	March 31, 2012		December 31, 2011
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.		113,515		119,079
Stockholder
Demand loan dated September 18, 2009 and 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 it therefore currently in default		50,000		50,000
Chase
Equipment loans to finance the purchases of two trucks, payable monthly in installments of $533, which include interest at 5.34% per annum.		17,625		18,977
TOTAL	$	297,140	$	304,056
Less current portion		196,846		200,628
Non-current portion	$	100,294	$	103,428

Principal payments for the next five years ending March 31:

2013	$	196,846
2014		31,139
2015		31,189
2016		29,191
2017		8,775
Thereafter		0
TOTAL	$	297,140