Quarterly report pursuant to sections 13 or 15(d)

7. Notes Payable Non-Related Parties (Tables)

v2.4.0.8
7. Notes Payable Non-Related Parties (Tables)
 6 Months Ended
Jun. 30, 2013
Notes to Financial Statements  
components of notes payable non-related parties

 

 

   

June 30,

2013

    

December 31,

2012

  
Senior Notes   $ 16,500,000     $ 16,500,000  
Discount on Senior Notes     (1,659,921 )     (1,815,920 )
Other notes payable     31,923       -  
Total notes payable - non-related parties     14,872,002       14,684,080  
Less:                
Current portion of Senior Notes     (520,832 )     (208,333 )
Current portion of other notes payable     (31,923 )     -  
Non-current portion notes payable - non-related parties   $ 14,319,247     $ 14,475,747