v2.4.0.8

7) Convertible Debentures: Schedule of Long-term Debt Instruments (Tables)

6 Months Ended

Jun. 30, 2013

Tables/Schedules

Schedule of Long-term Debt Instruments

			June 30, 2013		December 31, 2012
Convertible Debentures		$	1,013,000	$	868,000
Less current portion			81,000		38,000
Less debt discount			508,700		467,200
Long term Convertible Debentures, net of current portion and debt discount		$	423,300	$	362,800

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- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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