9. Notes Payable (Tables)

12 Months Ended

Dec. 31, 2012

Notes Payable Tables

Notes Payable

Notes payable consisted of the following at December 31, 2012 and 2011:

	December 31, 2012		December 31, 2011
Note payable - related party originating August 14, 2012; no monthly payments required; bearing interest at 5%; due on demand [A]	$	300,000	$	-
Note payable - related party originating March 13, 2012; no monthly payments required; bearing interest at 0.19%; maturing at March 31, 2013 [A]		300,000		-
Note payable - originating February 25, 2012; no monthly payments required; bearing interest at 0.19%; maturing at February 25, 2014		100,000		-
Note payable - originating February 27, 2012; no monthly payments required; bearing interest at 0.19%; maturing at February 27, 2014		50,000		-
Note payable - related party originating February 29, 2012; no monthly payments required; bearing interest at 0.19%; maturing at February 29, 2014		50,000		-
Note payable for vehicle, 72 monthly payments of $618; interest at 8.4% through March 2014		-		15,151
Total		800,000		15,151
Less: Current maturities (notes payable)		-		(6,383	)
Less: Current maturities (convertible notes payable)		-		-
Subtotal		800,000		8,768
Less: amount due after one year for notes payable		-		(8,768	)
Amount due after one year for convertible notes payable	$	800,000	$	-

Future maturities of notes payable

Future maturities of notes payable are as follows:

Year Ending December 31,
2013	$	-
2014		800,000
	$	800,000