8. Notes Payable (Details-Notes payable) (USD $)
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Dec. 31, 2013
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Dec. 31, 2012
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---|---|---|
Total Notes Payable | $ 0 | $ 514,853 |
Less: Current Portion | 0 | 0 |
Long Term Portion | 0 | 514,853 |
Debenture $1,000,000
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Total Notes Payable | 0 | 1,000,000 |
Debt Discount $1,000,000
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Total Notes Payable | 0 | (485,147) |
Debenture $1,163,333
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Total Notes Payable | 0 | 0 |
Debt Discount $1,163,333
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Total Notes Payable | $ 0 | $ 0 |
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- Definition
Carrying value as of the balance sheet date of the portion of long-term debt due within one year or the operating cycle if longer identified as Convertible Notes Payable. Convertible Notes Payable is a written promise to pay a note which can be exchanged for a specified amount of another, related security, at the option of the issuer and the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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