Secured Notes Payable

9 Months Ended

Sep. 30, 2016

Long-term Debt, Unclassified [Abstract]

Secured Notes Payable

7. Secured Notes Payable

Maturities of secured notes payable for succeeding years are as follows:

	September 30, 2016		December 31, 2015
Loan from MB Financial, payable in monthly installments of $12,300, plus interest (including default interest) at 9.5%with a balloon payment of approximately $2,128,900 in December 2016; secured by substantially all assets of Releta and MBC.	$	2,165,700	$	2,276,200
Loans from MB Financial, payable in monthly installments of $32,300 plus interest (including default interest) at 9.5% (with a balloon payment of approximately $715,100 in December 2016; secured by substantially all assets of Releta and MBC.		811,900		1,102,400
		2,977,600		3,378,600
Less current maturities		2,977,600		3,378,600
	$	-	$	-