Quarterly report pursuant to Section 13 or 15(d)

NOTE 2. RELATED PARTY TRANSACTIONS

v2.4.0.8
NOTE 2. RELATED PARTY TRANSACTIONS
9 Months Ended
Sep. 30, 2013
Notes to Financial Statements  
NOTE 2. RELATED PARTY TRANSACTIONS

During the six months ended September 30, 2013 and September 30, 2012, the Company had payables due to officers, shareholders and former management for accrued compensation and services of $172,765 and $79,199 respectively.

 

During the year ended December 31, 2011 related party shareholders converted $829,164 in note principal and interest and $135,000 in compensation into 2,408,977 common shares.