4. NOTES PAYABLE

6 Months Ended

Jun. 30, 2012

Debt Disclosure [Abstract]

4. NOTES PAYABLE

Notes payable as of June 30, 2012 and December 31, 2011 consist of the following:

	June 30, 2012		December 31, 2011
Stockholder An unsecured loan from a stockholder which is payable on demand with interest at 12%.  The note payable 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.		107,847		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 was due and payable in full on December 17, 2009 so this debt is 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.  During 2011 one truck was disposed of and the debt was reduced accordingly.		16,255		18,977
TOTAL	$	290,102	$	304,056
Less current portion		198,878		200,628
Non-current portion	$	91,224	$	103,428

Principal payments for the next five years ending June 30:

2013	$	198,878
2014		31,775
2015		28,578
2016		29,741
2017		1,130
Thereafter		0
TOTAL	$	290,102