10. CONVERTIBLE NOTES PAYABLE (Tables)

3 Months Ended

7 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Convertible Notes Payable Tables

Convertible Notes activity

	Principal			Debt			Accrued
	Balance			Discount			Interest			Total
Balance at December 31, 2013	$	700,000		$	(355,163	)	$	871		$	345,708
Issued in the period		1,605,000			(1,605,000	)		-			-
Converted into shares of common stock		(255,000	)		-			(3,669	)		(258,669	)
Amortization of debt discount		-			320,422			-			340,422
Payment of loan principal		(943	)		-			-			(943	)
Interest accrued during period		-			-			49,274			49,274
Interest paid during period		-			-			(46,476	)		(46,476	)
Balance at March 31, 2014		2,049,057			(1,640,535	)		-			408,522
Less:  Current portion		(5,927	) (1)		-			-			(5,927	)
Long-term debt	$	2,043,130		$	(1,640,535	)	$	-		$	402,595

(1)  The current portion represents the principal balance payable on the 81/2% convertible note payable in the twelve months following the balance sheet date.

	Convertible Notes Payable			Debt Discount			Convertible Notes Payable, Net
June 5, 2013 (Inception)	$	-		$	-		$	-
Proceeds from issuance of convertible debt
12% convertible notes issued December 27,2013		530,000			(278,853	)		251,147
8% convertible notes issued December 31,2013		170,000			(77,104	)		92,896
Amortization of debt discount		-			794			794
Total		700,000			(355,163	)		344,837
Current portion of debt		(5,356	)		2,426			(2,930	)
Long term portion at December 31, 2013	$	694,644		$	(352,737	)	$	341,907