| Capital Lease Obligations [Text Block] |
Capital leases payable at September 30, 2012 and December 31, 2011 is associated with the South African Operations and consists of the following.
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September 30, |
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December 31, |
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2012 |
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2011 |
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| Capital lease payable, due in 49 monthly installments of $1,081, including interest at 10%, through April 2016 |
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$ |
43,284 |
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$ |
46,149 |
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| Capital lease payable, due in 32 monthly insallments of $800 including interest at 10%, through November 2014 |
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19,192 |
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24,186 |
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| Capital lease payable, due in 14 monthly installments of $1,470, including interest at 10%, through May 2013 |
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11,678 |
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23,211 |
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| Capital lease payable, due in 36 monthly installments of $1,022, including interest at 10%, through February 2015 |
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29,858 |
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33,897 |
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| Total capital leases payable |
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104,012 |
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127,443 |
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| Current maturities |
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36,467 |
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41,590 |
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| Capital
leases payable, less current maturities |
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$ |
67,545 |
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$ |
85,853 |
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The capital leases cover point of sale and other equipment for three of the four restaurants operating at September 30, 2012.
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