6. Term and Credit Note Payable (Tables)

6 Months Ended

Jun. 30, 2012

Notes to Financial Statements

Schedule of Notes Payable

Lender	Due Date	Interest Rate	June 30,  2012			December 31, 2011
			(Unaudited)
Bridge Bank - term note; paid in full on March 1, 2012	February 2013	Prime + 2 percentage points	$	-		$	475,000
Bridge Bank - term note	February 2016	Prime + 1 percentage points	4,888,889
Bridge Bank - credit facility; paid in full on March 1, 2012	February 2013	Prime + 2 percentage points	-			2,431,303
Bridge Bank - credit facility	February 2014	Prime + 0.5 percentage points	3,000,000
Totals			7,888,889			2,906,303
Less: term and credit facility payable - current portion			(1,333,333		)	(452,000		)
Term and credit facility - long-term			$	6,555,556		$	2,454,303

Schedule of Principal Payment Due

2012	$	666,667
2013		1,333,333
2014		1,333,333
2015		1,333,333
2016		222,223
Total	$	4,888,889