As of March 31, 2013, 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 March 31, 2013 and December 31, 2012 was $195,497 and $174,099 respectively. Interest expense for the quarters ended March 31, 2013 and 2012 was $21,398 and $21,664, respectively.