Quarterly report pursuant to sections 13 or 15(d)

LONG-TERM DEBT (Tables)

v2.4.0.6
LONG-TERM DEBT (Tables)
3 Months Ended
Mar. 31, 2013
Debt Disclosure [Abstract]  
SCHEDULE OF LONG - TERM DEBT
    March 31, 2013   December 31, 2012
Note payable – related party   $ 1,115,893     $ 1,122,915  
Notes payable, net of debt discount - PTG     18,380,263       19,488,879  
      19,496,156       20,611,794  
Less: Current portion     (2,390,183 )     (2,360,930 )
    $ 17,105,973     $ 18,250,864  
SCHEDULE OF MATURITIES OF OUR LONG-TERM DEBT
Maturities as of March 31,   Total
  2014     $ 2,390,183  
  2015       2,931,514  
  2016       3,569,803  
  2017       5,152,841  
  2018       4,377,258  
  Thereafter       2,291,609  
  Total long term debt     $ 20,713,208  
  Less: debt discount       (1,217,052 )
     Long-term debt, net of debt discount     $ 19,496,156