NOTE PAYABLE - RELATED PARTY
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12 Months Ended |
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Dec. 31, 2011
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Notes to Financial Statements | |
NOTE PAYABLE - RELATED PARTY |
We received working capital loans from GGLLC, a related party, in 2008 and 2007. The loans bore 9% interest and were due 90 days after demand. The loans were fully paid in 2011. The note balances were $0 and $103,943 at December 31, 2011 and 2010, respectively. Accrued interest owed on this loan was $0 and $25,973 for the years ended December 31, 2011 and 2010, respectively.
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