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NOTES PAYABLE
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6 Months Ended | ||
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Jun. 30, 2011
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| Debt Disclosure [Abstract] | |||
| Short-term Debt [Text Block] |
The Company has a loan with a bank with a balance of $247,760 (at June 30, 2011) and $250,000 (at December 31, 2010) which includes interest at Wall Street Journal Prime + 1% (minimum of 5.5%) payable monthly; is due in monthly payments of $1,729 commencing February 10, 2011 and the remaining balance was due July 10, 2011. The loan is collateralized by substantially all of the assets of the Company; and is guaranteed by Mr. Pruitt. The bank is currently drafting documents and the renewal is expected to be completed by the middle of August 2011.
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