XML 28 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6
6. NOTES PAYABLE
12 Months Ended
Dec. 31, 2011
Debt Disclosure [Text Block]
6. 
NOTES PAYABLE

Notes payable consist of the following:

   
As of
December 31,2011
   
As of
December 31, 2010
 
Note payable due to a shareholder of the company, bearing no interest, due on demand and unsecured.
  $ 1,031,500     $ 1,031,500  
Note payable due to a shareholder of the company, bearing no interest, due on demand and unsecured.
    510,000       510,000  
Note payable due to a shareholder of the company, bearing interest at 8%, due on demand and unsecured.
    150,000       150,000  
Note payable due to a shareholder of the company, bearing no interest, due on demand and unsecured.
    128,000       133,000  
Note payable due to a shareholder of the company, bearing interest at 8%, due February 2011 and unsecured.
    50,000       50,000  
Note payable due to a shareholder of the company, bearing interest at 8%, due February 2012 and unsecured.
    25,000       25,000  
Note payable due to a shareholder of the company.
    19,400       19,400  
Note payable due to a shareholder of the company, bearing no interest, due on demand and unsecured.
    10,000       10,000  
Note payable.
    10,000       10,000  
Note payable.
    5,000       5,000  
Note payable.
    5,000       5,000  
      1,943,900       1,948,900  
Less: non-current portion
    0       0  
    $ 1,943,900     $ 1,948,900