As of June 30, 2012, the Company had advances payable totaling $951,034, to Richard MacPherson, 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, 2012 was $130,351 and interest expense for the six months ended June 30, 2012 was $43,274.  As previously disclosed, the Company and Mr. MacPherson have agreed to convert $500,000 of this balance to a Convertible Promissory Note Payable with the same terms and conditions of the notes discussed in Note 11.  As of the date of this report, the conversion had not been finalized.