Quarterly report pursuant to Section 13 or 15(d)

NOTES PAYABLE (Tables)

v2.4.0.8
NOTES PAYABLE (Tables)
 6 Months Ended
Jun. 30, 2014
Notes to Financial Statements  
Schedule of Notes Payable
  June 30, 2014   December 31, 2013
Note payable – related party $ 1,080,418     $ 1,095,181  
Notes payable, net of debt discount - PTG   16,402,876       17,480,676  
    17,483,294       18,575,857  
Less: Current portion   (3,289,275 )     (2,929,918 )
   Notes payable $ 14,194,019     $ 15,645,939  
Schedule of Maturities
Maturities as of June 30,   Total
  2015     $ 3,135,743  
  2016       4,133,834  
  2017       5,453,591  
  2018       4,720,001  
  2019       996,387  
  Total notes payable     $ 18,439,556  
  Less: debt discount       (956,262 )
     Notes payable, net of debt discount     $ 17,483,294