<a href="http://www.sec.gov/Archives/edgar/data/1111698/000114420407019210/v071797_10ksb.htm" target="_blank">http://www.sec.gov/Archives/edgar/data/1111698/000114420407019210/v071797_10ksb.htm</a> LIABILITIES Demand loans related party $1,622,950 Accounts payable and accrued liabilities $1,037,566 Convertible debenture $1,425,000 Short-term loan $212,725 Total Current Liabilities $4,298,241