Notes payable at June 30, 2015 consist of the following:

Unsecured note payable to a shareholder bearing 8% interest.

Entire balance of principal and unpaid interest due on demand

$

124,230

Unsecured note payable to a shareholder bearing 10% interest

Entire balance of principal and unpaid interest due on demand

$

649,049

Promissory notes

$

460,000

Total current

$

1,233,279

2015

$

1,233,279

2016

$

-0-

2017

$

-0-

2018

$

-0-

2019

$

-0-

$

1,233,279