3. Convertible Notes (Tables)

6 Months Ended

Jun. 30, 2014

Convertible Notes Tables

Schedule of convertible notes assumptions used

	June 30, 2014		Inception
Closing stock price	$	0.11	$	0.13
Conversion price	$	0.13	$	0.13
Expected volatility		135%		135%
Remaining term (years)		2.88		2.96
Risk-free rate		0.83%		0.77%
Expected dividend yield		0%		0%

Schedule of convertible notes

	June 30, 2014		December 31, 2013
Bank line-of-credit (a)	$	–	$	–
Notes payable to shareholder/director (b)		192,048		192,048
Notes payable (c)		2,666,019		1,999,676
Note payable, Innovisit (d)		220,000		510,000
Total notes payable		3,078,067		2,701,724
Less current maturities		1,578,067		(2,601,724	)
Long-term debt	$	1,500,000	$	100,000