Quarterly report pursuant to sections 13 or 15(d)

NOTES PAYABLE (Tables)

v2.4.0.8
NOTES PAYABLE (Tables)
 6 Months Ended
Jun. 30, 2013
Notes to Financial Statements  
SCHEDULE OF NOTES PAYABLE
  June 30,
2013		 December 31,
2012
Note payable – related party $ 1,109,191   $ 1,122,915  
Notes payable, net of debt discount - PTG   17,868,131     19,488,879  
    18,977,322     20,611,794  
Less: Current portion   (2,547,079 )   (2,360,930 )
  $ 16,430,243   $ 18,250,864  
SCHEDULE OF MATURITIES

 

Maturities as of June 30, Total
  2014   $ 2,547,079  
  2015     3,118,755  
  2016     3,777,881  
  2017     5,227,662  
  2018     4,478,502  
  Thereafter     992,337  
  Total notes payable   $ 20,142,216  
  Less: debt discount     (1,164,894 )
     Notes payable, net of debt discount   $ 18,977,322