Notes and Lines of Credit Payable (Tables)

12 Months Ended

Jan. 31, 2014

Schedule of Notes and lines of credit payable

Notes and lines of credit payable consist of the following at January 31:

	2014		2013

Senior Secured Note	$	-	$	500,000
Medical Clinic Acquisition Promissory Notes		272,050		-
Secured Revolving Credit Facility		2,811,878		-
Unsecured Revolving Line of Credit		94,765		94,765
Total Notes and Lines of Credit Payable	$	3,178,693	$	594,765

Schedule of Earnings Before Interest, Taxes Quarter Loss

Consolidated EBIT: The Company will not permit Consolidated EBIT as of the last day of each fiscal quarter shown below, for the fiscal quarter then ended, to be a greater negative amount than the amount set forth below:

Period	Minimum Consolidated EBIT(loss)
3rd fiscal quarter ended October 2013	$	(900,000)
4 ^th fiscal quarter ended January 2014	$	(1,227,111)
1 ^st fiscal quarter ended April 2014	$	(1,696,958)

Schedule of Interest Expense Associated with Notes Payable

Interest expense associated with the notes and lines of credit payable consisted of the following for the year ending January 31:

	2014		2013
Interest expense	$	68,634	$	27,959
Amortization of loan fees and discount		161,091		83,331
	$	229,725	$	111,290