Notes Payable - Related Parties (Tables)

9 Months Ended

Sep. 30, 2014

Notes payable due to related parties consist of the following:

	September 30,		December 31,
	2014		2013
The $80,000 Jackie Chretien Note	$	17,500	$	32,500
The $55,167 A. Michael Chretien Note		40,415		40,415
The $250,000 Shealy Note		150,000		150,000
The $30,000 Robert C. Schroeder Convertible Promissory Note		30,000		-
Notes in Aggregate Amount of $415,000		414,118		-
Notes in Aggregate Amount of $701,068		672,833		320,000
The $10,000 Matthew L. Chretien Convertible Promissory Note		10,000		-
The $10,800 Taglich Brothers Note		10,800		-
Total notes payable - related party		1,345,666		542,915
Less current portion		(207,915)		(320,000)
Long-term portion of notes payable-related party	$	1,137,751	$	222,915

Future minimum principal payments of these notes payable as described in this Note 8 are as follows:

For the Twelve Months Ended September 30,	Amount
2015	$	207,915
2016		1,137,751
Total	$	1,345,666