As of June 30, 2011 and December 31, 2010, the Company had advances payable totaling $1,340,132 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 June 30, 2011 and December 31, 2011 was $28,138 and $7,409, respectively.