| Schedule of Oustanding Debt |
Outstanding
debt to related parties consisted of the following at December 31, 2013 and 2012:
| 2013 |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
DelVecchio |
|
|
Mosaic |
|
|
Pinewood |
|
|
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Notes payable - revolving |
|
$ |
477,000 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
477,000 |
|
| Unsecured convertible debentures, net |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Accrued interest |
|
|
23,170 |
|
|
|
- |
|
|
|
16,200 |
|
|
|
39,370 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
$ |
500,170 |
|
|
$ |
- |
|
|
$ |
16,200 |
|
|
$ |
516,370 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 2012 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
DelVecchio |
|
|
Mosaic |
|
|
Pinewood |
|
|
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Notes payable - revolving |
|
$ |
447,000 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
447,000 |
|
| Unsecured convertible debentures, net |
|
|
- |
|
|
|
498,798 |
|
|
|
46,876 |
|
|
|
545,674 |
|
| Accrued interest |
|
|
27,392 |
|
|
|
134,520 |
|
|
|
5,376 |
|
|
|
167,288 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
$ |
474,392 |
|
|
$ |
633,318 |
|
|
$ |
52,252 |
|
|
$ |
1,159,962 |
|
|