Notes Payable - Related Parties (Tables)

3 Months Ended

Mar. 31, 2015

The table below reflects Notes payable due to related parties at March 31 2015 and December 31, 2014, respectively

	March 31,		December 31,
	2015		2014
The $80,000 Jackie Chretien Note	$	15,000	$	15,000
The $55,167 A. Michael Chretien Note		40,415		40,415
The $250,000 Shealy Note		185,896		193,453,
Notes in the Aggregate Amount of $415,000		414,471		414,294
Notes in the Aggregate Amount of $701,068		684,127		678,482
The $30,000 Robert C. Schroeder Convertible Promissory Note		30,000		30,000
The $10,000 Matthew L. Chretien Convertible Promissory Note		10,000		10,000
The $10,800 Taglich Brothers Note		10,800		10,800
Notes in the Aggregate Amount of $175,000		175,000		175,000
Notes in the Aggregate Amount of $200,000		200,000		200,000
Notes in the Aggregate Amount of $100,000		85,882		-
Notes in the Aggregate Amount of $100,000		91,176		-
Total notes payable - related party	$	1,942,767	$	1,767,444
Less current portion		(1,789.053)		(1,549,965)
Long-term portion of notes payable-related party	$	153,714	$	217,479

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