5. Convertible Promissory Note	9 Months Ended
Sep. 30, 2013
Debt Disclosure [Abstract]
CONVERTIBLE PROMISSORY NOTE	On August 9, 2012, the Company signed a Convertible Promissory Note for $110,000, with an interest rate of 8% and a maturity date of August 9, 2013. The issuer of this Convertible Promissory Note has the option to convert all or portion of the amount due under the promissory note into shares of common stock of the Company. The conversion price per share is $0.10, unless between the date of the promissory note and the maturity date of the promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $1,000,000 at a price other than $0.10. On November 20, 2012, the Company signed a Convertible Promissory Note for $25,000, with an interest rate of 8% and a maturity date of May 20, 2013. The maturity date of this Convertible Promissory Note has been extended to November 20, 2013. The issuer of this Convertible Promissory Note has the option to convert all or portion of the amount due under the promissory note into shares of common stock of the Company. The conversion price per share is $0.10, unless between the date of the promissory note and the maturity date of the promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $225,000 at a price other than $0.10. On December 13, 2012 the Company signed a Convertible Promissory Note for $10,000, with an interest rate of 8% and a maturity date of June 13, 2013. The maturity date of this Convertible Promissory Note has been extended to December 12, 2013. The issuer of this Convertible Promissory Note has the option to convert all or portion of the amount due under the promissory note into shares of common stock of the Company. The conversion price per share is $0.10, unless between the date of the promissory note and the maturity date of the promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $90,000 at a price other than $0.10. On January 7, 2013 the Company signed a Convertible Promissory Note for $13,500, with an interest rate of 8% and a maturity date of October 3, 2013. The issuer of this Convertible Promissory Note has the option to convert all or portion of the amount due under the promissory note into shares of common stock of the Company. The conversion price per share is $0.10, unless between the date of the promissory note and the maturity date of the promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $121,500 at a price other than $0.10. On March 18, 2013, the Company signed a Convertible Promissory Note for $25,000, with an interest rate of 8% and a maturity date of September 18, 2013. The issuer of this Convertible Promissory Note has the option to convert all or portion of the amount due under the promissory note into shares of common stock of the Company. The conversion price per share is $0.10, unless between the date of the promissory note and the maturity date of the promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $225,000 at a price other than $0.10. On April 3, 2013, the Company signed a Convertible Promissory Note for $13,500, with an interest rate of 8% and a maturity date of October 2, 2013. The issuer of this Convertible Promissory Note has the option to convert all or portion of the amount due under the promissory note into shares of common stock of the Company. The conversion price per share is $0.10, unless between the date of the promissory note and the maturity date of the promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $121,500 at a price other than $0.10. On April 25, 2013, the Company signed a Convertible Promissory Note for $25,000, with an interest rate of 8% and a maturity date of October 25, 2013. The issuer of this Convertible Promissory Note has the option to convert all or portion of the amount due under the promissory note into shares of common stock of the Company. The conversion price per share is $0.10, unless between the date of the promissory note and the maturity date of the promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $225,000 at a price other than $0.10. On May 24, 2013, the Company signed a Convertible Promissory Note for $30,000, with an interest rate of 8% and a maturity date of November 24, 2013. The issuer of this Convertible Promissory Note has the option to convert all or portion of the amount due under the promissory note into shares of common stock of the Company. The conversion price per share is $0.10, unless between the date of the promissory note and the maturity date of the promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $270,000 at a price other than $0.10. On August 8, 2013, the Company signed a Convertible Promissory Note for $13,996.50, with an interest rate of 8% and a maturity date of February 14, 2014. The issuer of this Convertible Promissory Note has the option to convert all or portion of the amount due under the promissory note into shares of common stock of the Company. The conversion price per share is $0.10, unless between the date of the promissory note and the maturity date of the promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $125,964 at a price other than $0.10. Subsequent to the end of the period covered by the accompanying interim financial statements, on November 4, 2013, the Company signed a consolidation and extension of all the Company’s existing promissory notes, and the accrued interest thereon as of October 31, 2013. The total amount of the consolidated promissory note is $285,239.76 (consisting of $265,996.50 in principal and $19,243.26 in accrued interest) with an interest rate of 8% and maturity date of May 19, 2014. The conversion price per share is $0.10, unless between the date of the consolidated promissory note and the maturity date of the consolidated promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $1,000,000 at a price other than $0.10. In the event the Company does not pay the outstanding balance due under the consolidated promissory note by May 19, 2014, the interest rate of the consolidated promissory note will increase to 12% per annum.

5. Convertible Promissory Note

9 Months Ended

Sep. 30, 2013

On August 9, 2012, the Company signed a Convertible Promissory Note for $110,000, with an interest rate of 8% and a maturity date of August 9, 2013. The issuer of this Convertible Promissory Note has the option to convert all or portion of the amount due under the promissory note into shares of common stock of the Company. The conversion price per share is $0.10, unless between the date of the promissory note and the maturity date of the promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $1,000,000 at a price other than $0.10.

On November 20, 2012, the Company signed a Convertible Promissory Note for $25,000, with an interest rate of 8% and a maturity date of May 20, 2013. The maturity date of this Convertible Promissory Note has been extended to November 20, 2013. The issuer of this Convertible Promissory Note has the option to convert all or portion of the amount due under the promissory note into shares of common stock of the Company. The conversion price per share is $0.10, unless between the date of the promissory note and the maturity date of the promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $225,000 at a price other than $0.10.

On December 13, 2012 the Company signed a Convertible Promissory Note for $10,000, with an interest rate of 8% and a maturity date of June 13, 2013. The maturity date of this Convertible Promissory Note has been extended to December 12, 2013. The issuer of this Convertible Promissory Note has the option to convert all or portion of the amount due under the promissory note into shares of common stock of the Company. The conversion price per share is $0.10, unless between the date of the promissory note and the maturity date of the promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $90,000 at a price other than $0.10.

On January 7, 2013 the Company signed a Convertible Promissory Note for $13,500, with an interest rate of 8% and a maturity date of October 3, 2013. The issuer of this Convertible Promissory Note has the option to convert all or portion of the amount due under the promissory note into shares of common stock of the Company. The conversion price per share is $0.10, unless between the date of the promissory note and the maturity date of the promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $121,500 at a price other than $0.10.

On March 18, 2013, the Company signed a Convertible Promissory Note for $25,000, with an interest rate of 8% and a maturity date of September 18, 2013. The issuer of this Convertible Promissory Note has the option to convert all or portion of the amount due under the promissory note into shares of common stock of the Company. The conversion price per share is $0.10, unless between the date of the promissory note and the maturity date of the promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $225,000 at a price other than $0.10.

On April 3, 2013, the Company signed a Convertible Promissory Note for $13,500, with an interest rate of 8% and a maturity date of October 2, 2013. The issuer of this Convertible Promissory Note has the option to convert all or portion of the amount due under the promissory note into shares of common stock of the Company. The conversion price per share is $0.10, unless between the date of the promissory note and the maturity date of the promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $121,500 at a price other than $0.10.

On April 25, 2013, the Company signed a Convertible Promissory Note for $25,000, with an interest rate of 8% and a maturity date of October 25, 2013. The issuer of this Convertible Promissory Note has the option to convert all or portion of the amount due under the promissory note into shares of common stock of the Company. The conversion price per share is $0.10, unless between the date of the promissory note and the maturity date of the promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $225,000 at a price other than $0.10.

On May 24, 2013, the Company signed a Convertible Promissory Note for $30,000, with an interest rate of 8% and a maturity date of November 24, 2013. The issuer of this Convertible Promissory Note has the option to convert all or portion of the amount due under the promissory note into shares of common stock of the Company. The conversion price per share is $0.10, unless between the date of the promissory note and the maturity date of the promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $270,000 at a price other than $0.10.

On August 8, 2013, the Company signed a Convertible Promissory Note for $13,996.50, with an interest rate of 8% and a maturity date of February 14, 2014. The issuer of this Convertible Promissory Note has the option to convert all or portion of the amount due under the promissory note into shares of common stock of the Company. The conversion price per share is $0.10, unless between the date of the promissory note and the maturity date of the promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $125,964 at a price other than $0.10.

Subsequent to the end of the period covered by the accompanying interim financial statements, on November 4, 2013, the Company signed a consolidation and extension of all the Company’s existing promissory notes, and the accrued interest thereon as of October 31, 2013. The total amount of the consolidated promissory note is $285,239.76 (consisting of $265,996.50 in principal and $19,243.26 in accrued interest) with an interest rate of 8% and maturity date of May 19, 2014. The conversion price per share is $0.10, unless between the date of the consolidated promissory note and the maturity date of the consolidated promissory note, the Company has sold its capital stock in any financing in which the Company received gross proceeds in excess of $1,000,000 at a price other than $0.10. In the event the Company does not pay the outstanding balance due under the consolidated promissory note by May 19, 2014, the interest rate of the consolidated promissory note will increase to 12% per annum.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References+ Details