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Notes Payable (Tables)

6 Months Ended

Jun. 30, 2012

Debt Disclosure [Abstract]

Schedule of Debt [Table Text Block]

The table below reflects all notes payable at June 30, 2012 and December 31, 2011, respectively, including the notes comprising the Notes Totaling $472,500 and the Notes Totaling $531,056, with the exception of Note 8 - Notes Payable - Related Parties.

		June 30,				December 31,
		2012				2011
Bank Loan, due April 30, 2014		$	78,030			$	98,122
Authority Loan No. 1, due August 19, 2015			840,646				956,071
Authority Loan No. 2, due July 13, 2017			750,000				750,000
Note payable dated September 8, 2011 to advisor, due September 2, 2012 (on March 6, 2012 maturity extended an additional 180 days)			17,500				17,500
Note payable dated October 7, 2011 to advisor, due August 19, 2012 (on July 2, 2012 maturity extended an additional 45 days)			7,500				7,500
Note payable dated November 1, 2011 to advisor, due September 11, 2012 (on May 7, 2012 maturity extended an additional 90 days and July 27, 2012 maturity extended an additional 45 days)			7,500				7,500
Note payable dated November 15, 2011 to advisor, due July 1, 2013 (on May 7, 2012 maturity extended an additional 90 days and August 10, 2012 maturity extended to July 1, 2013)			300,000				300,000
Note payable dated November 21, 2011 to advisor, due August 17, 2012 (on May 13, 2012 maturity extended an additional 90 days)			37,500				37,500
Note payable dated December 1, 2011 to advisor, due August 27, 2012 (on May 29, 2012 maturity extended an additional 90 days)			7,500				7,500
Note payable dated December 7, 2011 to advisor, due September 2, 2012 (on June 29, 2012 maturity extended an additional 90 days)			80,000				80,000
Note payable dated December 9, 2011 to advisor, due September 4, 2012 (on June 29, 2012 maturity extended an additional 90 days)			15,000				15,000
Note payable dated January 4, 2012 to advisor, due August 16, 2012 (on July 1, 2012 maturity extended an additional 45 days)			13,556				-
Note payable dated January 9, 2012 to advisor, due August 21 2012 (on July 6, 2012 maturity extended an additional 90 days)			10,000				-
Note payable dated January 19, 2012 to advisor, due August 31, 2012 (on July 16, 2012 maturity extended an additional 45 days)			50,000				-
Note payable dated January 27, 2012 to advisor, due September 8, 2012 (on July 24, 2012 maturity extended an additional 45 days)			5,000				-
Note payable dated January 31, 2012 to advisor, due September 12, 2012 (on July 28, 2012, maturity extended an additional 45 days)			35,000				-
Note payable dated February 10, 2012 to advisor, due September 22 , 2012 (on August 7, 2012 maturity extended an additional 45 days)			85,000				-
Note payable dated February 14, 2012 to advisor, due September 26, 2012 (on August 11, 2012 maturity extended an additional 45 days)			10,000				-

		June 30, 2012				December 31, 2011
Note payable dated February 15, 2012 to advisor, due  September 27, 2012 (on August 12, 2012 maturity extended an additional 45 days)			15,000				-
Note payable dated February 20, 2012 to advisor, due August 18, 2012			7,500				-
Note payable dated March 9, 2012 to advisor, due September 5, 2012			104,000				-
Note payable dated March 14, 2012 to advisor, due September 10, 2012			15,000				-
Note payable dated March 15, 2012 to advisor, due September 11, 2012			6,500				-
Note payable dated April 17, 2012 to advisor, due October 14, 2012			7,500				-
Note payable dated April 24, 2012 to advisor, due October 21, 2012			24,000				-
Note payable dated May 10, 2012 to advisor, due November 6, 2012			55,000				-
Note payable dated May 21, 2012 to advisor, due November 17, 2012			50,000				-
Note payable dated June 13, 2012 to advisor, due December 10, 2012			38,000				-
Note payable dated June 6, 2012 to an unrelated third-party, due September 4, 2012			50,000				-
Contingently convertible notes payable June 1, 2012			80,000				-
Total notes payable			2,802,232				2,276,693
Less current portion			(1,417,203	)			(747,778	)
Long-term portion of notes payable		$	1,385,029			$	1,528,915

Schedule of Maturities of Long-term Debt [Table Text Block]

Future minimum principal payments of all notes payable with the exception of the related party notes in Note 8 - Notes Payable - Related Parties, as described in this Note 7 are as follows:

For the Twelve-Month Period Ended June 30,		Amount
2013		$	1,417,203
2014			399,774
2015			409,777
2016			218,173
2017			158,212
thereafter			199,093
Total		$	2,802,232

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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No definition available.

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- Definition

Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 470

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601

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