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RELATED PARTY NOTES PAYABLE
12 Months Ended
Dec. 31, 2014
Notes Payable [Abstract]  
RELATED PARTY NOTES PAYABLE
Note 5 RELATED PARTY NOTES PAYABLE

 

Related party notes payable consists of the following at December 31, 2014 and 2013:

 

    2014     2013  
Convertible Promissory Note payable dated June 4, 2010 for $2,000,000 bearing interest at 24% payable quarterly in arrears, with a maturity date of June 4, 2011. The face value of the debt can be converted to the Company’s common stock at a conversion price of $.25 per share. The note may be prepaid upon providing five days written notice.   $ 2,000,000     $ 2,000,000  
                 
Eighteen Month Promissory note payable dated November 8, 2011 for $1,000,000 bearing interest at 14% payable quarterly, with a maturity date of May 8, 2013.     1,000,000       1,000,000  
                 
Various borrowings during 2014     40,405        
                 
    $ 3,040,405     $ 3,000,000