Quarterly report pursuant to Section 13 or 15(d)

7. LONG TERM DEBT (Tables)

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7. LONG TERM DEBT (Tables)
6 Months Ended
Jun. 30, 2012
Long Term Debt Tables  
Promissory Note

Aggregate maturities of long-term debt as of June 30, 2012 are as follows:

 

For the years ending December 31,   Amount
             
  2012 (Remainder of)     $ 24,375  
  2013       49,485  
  2014       735,076  
  2015       51,503  
  2016       52,475  
  Total       912,914  
  Less: Current portion       (48,993 )
  Total Long term portion     $ 863,921