Notes Payable:

2014

2013

Note payable to a bank, due in monthly installments of $40,104 with an annual interest rate of 4.25%. This note was retired September 1, 2013.

$

-

$

119,567

Note payable to a bank, due in monthly installments of $10,355 bearing interest at 3.95% due July 15, 2014. This note has been retired subsequent to June 30, 2014.

10,490

131,643

Note payable to a bank, due in monthly installments of $9,359 bearing interest at 4.9% due September 15, 2014

29,508

137,380

Note payable to a bank, due in monthly installments of $10,286 bearing interest at 4.39% due September 20, 2014, this note is a conversion of a multi-advance note payable initially put in place on September 21, 2010, secured by related capital equipment purchases.

31,570

150,655

Note payable to a bank, due in monthly installments of $7,860 bearing interest at 3.73% due February 9, 2017, this note is a conversion of a multi-advance note payable initially put in place on February 19, 2012, secured by related capital equipment purchases.

239,293

322,818

Note payable to a bank, due in monthly installments of $7,860 bearing interest at 4.17% due July 15, 2014, this note is a conversion of a multi-advance note payable initially put in place on August 26, 2013, secured by related capital equipment purchases.

338,287

-

649,148

862,063

Less current portion notes payable

(226,900

)

(551,421

)

$

422,248

$

310,642