The Company received funding from Asher Enterprises, Inc. in return for promissory notes. Aggregate principal outstanding on the notes was $57,800 and $115,000 as of December 31, 2013 and 2012, respectively The notes accrue interest at an annual rate of 8% until repaid and are due 180 days after inception. The notes are convertible into shares of our common stock at conversion prices equal to a discount of 45% to the then current market price. As of December 31, 2013, two of the notes, aggregating $68,695 in principal and accrued interest, were in default as they had not been converted nor retired before coming due and therefore began accruing interest at 22%. Both of these remaining notes were retired in the third quarter of 2014 and the total amount of accrued interest was waived and not paid.