Quarterly report pursuant to Section 13 or 15(d)

Capital Leases Payable (Tables)

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Capital Leases Payable (Tables)
3 Months Ended
Mar. 31, 2015
Capital Lease Obligations [Abstract]  
Schedule of Lease Payments for Capital Leases

Capital leases payable are as follows:

 

    March 31, 2015     December 31, 2014  
             
Capital lease payable, bearing interest at 10%, through August 2017   $ 9,275     $ 10,502  
                 
Capital lease payable, bearing interest at 11.5%, through December 2017     45,189       -  
                 
Capital lease payable, bearing interest at 11.5%, through July 2016     21,744       26,489  
                 
Capital lease payable, bearing interest at 11.5%, through November 2016     34,186       40,336  
                 
Capital lease payable, bearing interest at 10%, through March 2015     -       1,333  
Total capital leases payable     110,394       78,660  
Current maturities     54,946       42,032  
Capital leases payable, less current maturities   $ 55,449     $ 36,628