|
Notes Payable, Stockholders
|
12 Months Ended | ||
|---|---|---|---|
|
Dec. 31, 2011
|
|||
| Related Party Transactions [Abstract] | |||
| Related Party Transactions Disclosure [Text Block] |
During 2010, various stockholders loaned the Company $35,000 and were issued unsecured promissory notes which bear interest at 6% and are due on demand. Similar stockholder loans amounted to $25,000 during 2009. Interest of $6,324 and $2,724 was accrued and unpaid at December 31, 2011 and 2010, respectively.
During 2007, the Company issued an unsecured promissory note to a stockholder and officer of the Company in the amount of $10,000. The note was non-interest bearing and was repaid from the proceeds of the sale of common stock. |