Notes Payable - Related Parties (Tables)

9 Months Ended

Sep. 30, 2015

The table below reflects Notes payable due to related parties at September 30, 2015 and December 31, 2014, respectively

	September 30,		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		170,205		193,453
Notes in the Aggregate Amount of $110,000		110,000		110,000
Notes in the Aggregate Amount of $701,068		695,421		677,776
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
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		92,727		-
Notes in the Aggregate Amount of $100,000		95,000		-
Notes in the Aggregate Amount of $40,000		40,000		-
Notes in the Aggregate Amount of $20,000		20,000		-
Notes in the Aggregate Amount of $100,000		100,000		-
Notes in the Aggregate Amount of $50,000		44,444		-
Notes in the Aggregate Amount of $72,000		56,000		-
Notes in the Aggregate Amount of $100,000		78,162		-
Total notes payable - related party	$	1,972,374	$	1,451,643
Less current portion		(1,835,994)		(1,234,871)
Long-term portion of notes payable-related party	$	136,380	$	216,772

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
2016	$	1,835,994
2017		37,368
2018		41,280
2019		45,603
2020		12,129
TOTAL	$	1,972,374