v2.4.0.8

3. Interest, Advances and Promissory Notes Payable (Tables) | 3 Months Ended
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Sep. 30, 2013
Interest Advancesand Promissory Notes Payable [Abstract] |
Schedule of Interest Payable Activity |
Balance, December 31, 2011 | $ | 1,930,695
| Interest incurred on promissory notes payable |  | 505,571
| Repayment of interest payable through line of credit |  | (6,500)
| Repayment of interest payable through exercise of options |  | (860,244)
| Other |  | (201)
Balance, December 31, 2012 |  | 1,569,321
Interest incurred on promissory notes payable |  | 379,304
Balance, September 30, 2013 (unaudited) | $ | 1,948,625
Schedule of Interest Payable |
|  | September 30, 2013 |  | December 31, 2012
|  | (unaudited) |  |
| Relatives of the Chairman | $ | 946,367 | $ | 586,697
| Non-related parties |  | 1,002,258 |  | 982,624
| $ | 1,948,625 | $ | 1,569,321
Schedule of Advances Payable Activity |
Balance, December 31, 2011 | $ | 100,527
Advances accrued |  | 60,000
Advances repaid from proceeds of line of credit |  | (54,914)
Balance, December 31, 2012 |  | 105,613
Advances accrued |  | 30,000
Advances repaid from proceeds of line of credit |  | (20,000)
Balance, September 30, 2013 (unaudited) | $ | 115,613
Schedule of Advances Payable |
|  | September 30, 2013 |  | December 31, 2012
|  | (unaudited) |  |
Advances payable to: |  |  |  |
| Company controlled by former Director | $ | 65,524 | $ | 65,524
| Former Director |  | 50,089 |  | 40,089
| $ | 115,613 | $ | 105,613
Schedule of Promissory Notes Payable to Unrelated Lenders |
Unrelated Lenders |  | September 30, 2013 (unaudited) |  | December 31, 2012
Unsecured promissory notes payable to unrelated lenders: |  |  |  |
| i. | Interest at 1% per month, repayable on March 31, 2009, due on demand | $ | 450,000 | $ | 450,000
| ii. | Interest at 1% per month, with $50,000 repayable on December 31, 2004, $75,000 repayable on August 18, 2007, $75,000 repayable on November 19, 2007 and the balance due on demand. All are due on demand, accruing interest at the same rate. |  | 887,455 |  | 887,455
| iii. | Interest at 0.625% per month, with $50,000 repayable on October 5, 2004, $40,000 repayable on December 31, 2004, and $60,000 repayable on July 28, 2006, all due on demand |  | 150,000 |  | 150,000
| iv. | Non-interest-bearing, repayable on July 17, 2005, due on demand |  | 270,912 |  | 270,912
| v. | Non-interest-bearing loan repayable at $25,000 per month beginning October 2009, none repaid to date |  | 310,986 |  | 310,986
| vi. | Non-interest-bearing loan, due January 15, 2012 |  | 125,000 |  | 125,000
Promissory notes payable, secured by a guarantee from a director and relative of a director, bearing interest at 1% per month, with $200,000 repayable on July 31, 2003, all due on demand |  | 230,000 |  | 230,000
| $ | 2,424,353 | $ | 2,424,353
|  | September 30, 2013 |  | December 31, 2012
|  | (unaudited) |  |
Promissory notes payable to related parties: | $ | 2,861,966 | $ | 2,861,966

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- Definition Tabular disclosure of activity of advances payable to related parties. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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