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6. Receivable from Former Officer and Director (Tables) | 12 Months Ended
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Dec. 31, 2013
Receivable From Former Officer And Director Tables |
Receivable |
|  | December 31, |  |  | December 31, |
|  | 2013 |  |  | 2012 |
Gross receivable |  |  |  |  |  |  |  |
Sale of Company common stock, net proceeds retained by Mr. Feller |  | $ | 640,000 |  |  | $ | 640,000 |
Value of 3,787 shares of common stock owed by Mr. Feller to the Company valued at December 31, 2012 price of $19.00 and 673 shares valued at December 31, 2013 price of $3.00 |  |  | 2,020 |  |  |  | 71,946 |
Vintage automobile retained by Mr. Feller |  |  | 38,100 |  |  |  | 38,100 |
Other |  |  | 4,622 |  |  |  | 4,622 |
Total |  |  | 684,742 |  |  |  | 754,668 |
Offsets to receivable |  |  |  |  |  |  |  |
Deferred salary |  |  | (113,667 | ) |  |  | (113,667 | )
Expense reports submitted and approved |  |  | (30,540 | ) |  |  | (30,540 | )
Net amount owed |  |  | 540,535 |  |  |  | 610,461 |
Write off receivable based on stock offsets (a) |  |  | (538,515 | ) |  |  | (538,515 | )
Net receivable |  | $ | 2,020 |  |  | $ | 71,946 |

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- Definition Disclosure of accounting policy for policy loans receivable, including the basis for determining the amount reported for loans made to policyholders against and secured by future policy benefits. May also disclose the range of interest rates charged to policyholders on such loans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -URI http://asc.fasb.org/topic&trid=2303980 + Details
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