Annual report pursuant to Section 13 and 15(d)

Note 2 - Debt (Tables)

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Note 2 - Debt (Tables)
 12 Months Ended
Dec. 31, 2016
Note 2 - Debt Tables  
Outstanding Convertible Debentures
Note Agreement   Balance at December 31, 2016     Balance at December 31, 2015  
             
2009 Debentures   $ 305,000     $ 305,000  
June 2011 Debentures     64,000       89,000  
November 2011 Debentures     125,000       225,000  
March 2012 Debentures     140,000       140,000  
May 2012 Debentures     225,000       275,000  
December 2012 Debentures     425,000       425,000  
November 2013 Debentures     172,000       261,000  
July 2014 Debentures     3,140,000       4,150,000  
October 2014 Debentures     1,250,000       1,250,000  
March 2015 Debentures     2,175,000       2,350,000  
July 2015 Debentures     500,000       550,000  
October 2015 Debentures     330,000       500,000  
November 2015 Debentures     190,000       250,000  
December 2015 Debentures     200,000       200,000  
January 2016 Debentures     150,000       -  
May 2016 Debentures     1,503,000       -  
September 2016 Debentures     250,000       -  
              -  
Total convertible debentures   $ 11,144,000     $ 10,970,000  
Less: discount     (794,000 )     (3,436,000 )
Total convertible debentures, net of discount   $ 10,350,000     $ 7,534,000  
                 
Total short term convertible debentures, net of discount   $ 10,350,000     $ 6,820,000  
Total long term convertible debentures, net of discount   $ -     $ 714,000