As of September 30, 2011 and December 31, 2010, the Company had advances payable totaling $1,380,406 and $402,389 respectively, to a director of the Company.  These advances bear interest at 9% per annum, have no fixed terms of repayment and are unsecured.  Accrued interest on these advances at September 30, 2011 and December 31, 2011 was $76,334 and $7,409, respectively.