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10. RELATED PARTY TRANSACTIONS
6 Months Ended
Jun. 30, 2013
Related Party Transactions [Abstract]  
NOTE 10. RELATED PARTY TRANSACTIONS

Notes Payable to Director

 

In 2009, the Company executed a 10% convertible note payable in the amount of $102,236 originally due December 31, 2010 to John Evey for amounts loaned to the Company. Mr. Evey joined the Board of Directors on April 27, 2010. Through a series of extensions, the note due date was extended to December 31, 2013. During the six month period ended June 30, 2013, the Company made principal payments totaling $6,067 on this note. The balance of the note as of June 30, 2013 is $116,616 with accrued interest amounting to $6,134 (See note 4).