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- Related party transactions (Tables)
9 Months Ended
Sep. 30, 2013
- Related party transactions [Abstract]  
Notes payable to related parties

The Company has various notes and interest payable to the following entities as of September 30, 2013, and December 31, 2012, respectively:

 

 

2013

 

2012

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

 

714,177

 

743,846

 

 

 

 

 

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

 

-

 

85,000

 

 

 

 

 

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

 

200,500

 

200,500

 

 

 

 

 

Total

$

4,214,826

$

4,329,495