v2.4.0.8
7) Convertible Debentures: Schedule of Long-term Debt Instruments (Tables)
12 Months Ended
Dec. 31, 2012
Tables/Schedules  
Schedule of Long-term Debt Instruments

 

 

 

December 31, 2012

December 31, 2011

 

 

 

 

 

 

Convertible Debentures

 

$

             868,000

$

          448,000

Less current portion

 

 

               38,000

 

            48,000

Less debt discount

 

 

             467,200

 

          144,400

Long term Convertible Debentures, net of current portion and debt discount

 

$

             362,800

$

          255,600