| Notes payable obligations both related party and unrelated |
The Company's notes payable obligations, both related party and unrelated, are as follows: | | | | | | | | | | | | | | December 31 | | December 31 | | | | | | 2013 | | 2012 | | Notes payable current liabilities | | | | | | | | | | | | | | | | | | | Notes payable to related parties | | | | | | | | | for funds installed into Fullcircle Entertainment Inc. at 10% interest | | $ | 349,622 | | $ | 305,937 | | | | | | | | | | | | | Notes payable related parties current liabilities @ 8.0% | | | 76,626 | | | 76,626 | | | | | | | | | | | | | Notes payable to various individuals bears Interest at 8.0% per annum | | | | | | | | | principal and interest due on demand. | | | 35,000 | | | 40,000 | | | | | | | | | | | | Total Demand Notes | | $ | 461,248 | | $ | 422,563 | | | | | | | | | | | | | Current portion of long term debt | | | 309,586 | | | 264,189 | | | | | | | | | | | | | | Total current liabilities - notes | | $ | 770,834 | | $ | 686,752 | | | | | | | | | | | | Mortgage payable, less current portion | | | | | | | | | | | | | | | | | | | Mortgage payable assumed in acquisition; interest payable at 4.75% | | | | | | | | | monthly payments of $34,435 through July 2017 with balloon payment | | | | | | | | | of the Balance upon maturity. | | | 4,435,527 | | | 4,651,891 | | | | | | | | | | | | | Digital Equipment note payable, less current portion | | | | | | | | | Note payable excersised in January 2012; interest payable at 7% | | | | | | | | | with a term of five years; secured by the digital equipment | | | 464,875 | | | 584,211 | | | | | | | | | | | | | Total long-term liabilities - notes | | $ | 4,900,402 | | $ | 5,236,102 | | | | | | | | | | | | | Total liabilities notes | | $ | 5,671,236 | | $ | 5,899,705 | |