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Notes Payable
 6 Months Ended
Jun. 30, 2014
Notes Payable [Abstract]  
Notes Payable

4.        Notes Payable

 

At June 30, 2014, notes payable are due to officers and directors and are payable on demand with interest at 5%. A summary of notes payable activity is as follows:

 

Balance at December 31, 2013 $40,200 
Repayment  (17,000)
Balance at June 30, 2014 $23,200 

 

Interest expense on notes payable amounted to $428 and $0 for the three month periods ended June 30, 2014 and 2013, respectively. Interest expense on notes payable amounted to $906 and $0 for the six month periods ended June 30, 2014 and 2013, respectively