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Related party transactions (Tables)
6 Months Ended
Jun. 30, 2012
The Company has various notes

The Company has various notes and interest payable to the following entities as of June 30, 2012, and December 31, 2011, respectively:

 

2012

2011

Various notes payable to the Paradise Store bearing 10% per annum and due on demand

$

3,200,149

$

3,200,149

Note payable to BE Holdings 1, LLC, owned by the chairman of the board, bearing 10% per annum and due on demand

100,000

100,000

Various notes payable to SAGS, bearing 10% per annum and due on demand

693,846

693,846

Various notes payable to the District Store, bearing 10% per annum and due on demand

85,000

85,000

Note payable to BE, III bearing 10% per annum and due on demand

200,500

105,500

Total

$

4,279,495

$

4,184,495