v2.4.0.8

Shareholder and Related Party Advances

9 Months Ended

Sep. 30, 2014

Shareholder and Related Party Advances [Abstract]

SHAREHOLDER AND RELATED PARTY ADVANCES

5.   SHAREHOLDER AND RELATED PARTY ADVANCES

Investor advances are as follows:

September 30, 2014				December 31,2013				Rate				Date				Expire				Note
	-				43,000				3%				11 /30/2009				3 /31/2012				1
	-				15,000				10%				10 /5/2012				10 /5/2013				1
	-				100,000				10%				10 /16/2012				10 /16/2013				1
	-				100,000				10%				10 /16/2012				10 /16/2013				1
	-				50,000				10%				10 /19/2012				10 /19/2013				1
	-				50,000				10%				11 /2/2012				11 /2/2013				1
	-				50,000				10%				11 /8/2012				11 /8/2013				1
	-				100,000				10%				12 /6/2012				12 /6/2013				1
	-				50,000				10%				12 /19/2012				12 /19/2013				1
	-				3,200				10%				10 /10/2013				10 /10/2014				1
	-				2,500				10%				11 /5/2013				11 /5/2014				1
	-				200,000				10%				11 /12/2013				11 /12/2014				1
	-				50,000				10%				12 /2/2013				12 /2/2014				1
	-				50,000				10%				12 /30/2013				12 /30/2014				1
	-				80,000								12 /11/2013								2
	-				990,600								Various 2013/14								3
	-				1,934,300

1	Advances were converted into equity during the second quarter of 2014
2	Paid on March 8, 2014.
3	Various non-interest bearing shareholders' deposits converted into equity third quarter 2014.

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The entire disclosure of advances received from the shareholders and related parties.

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