Annual report pursuant to Section 13 and 15(d)

Related Party Transactions (Tables)

v2.4.0.8
Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2013
Related Party Transactions Tables  
Schedule Of Related Party Transactions

A summary of the above related party transactions is presented below.

 

Related Party   Date of loan   December 31, 2013   December 31, 2012
Joseph Fiore     May 21, 2013     $ 1,228,762     $ —    
Berkshire Capital Management     May 14, 2013       1,473,570       —    
Berkshire Capital Management     February 1, 2012       4,097,122       3,876,621  
Berkshire Capital Management     January 5, 2012       1,762,900       1,668,400  
Joseph Fiore     2010 & 2011       1,286,035       1,513,260  
Berkshire Capital Management     September 14, 2007       135,276       174,185  
Berkshire Capital Management     July 17, 2007       147,575       139,182  
Berkshire Capital Management     August 22, 2007       233,786       220,491  
Berkshire Capital Management     September 20, 2007       79,977       75,429  
Berkshire Capital Management     January 11, 2008       —         24,932  
Berkshire Capital Management     February 29, 2008       —         168,268  
Berkshire Capital Management     April 24, 2008       —         93,969  
Berkshire Capital Management     April 24, 2008       —         28,843  
Berkshire Capital Management     July 1, 2008       —         82,467  
            $ 10,445,003     $ 8,066,047  
Less: Current Portion             1,882,649       2,521,026  
Long Term Portion           $ 8,562,354     $ 5,545,021  
Schedule Of Related Party Notes Payable Maturities

The maturities of these related party notes payable for the next five years are:

 

Year Ended December 31,    
  2014     $ 1,882,649  
  2015          
  2016          
  2017       5,860,022  
  2018       2,702,332  
  Total Future Maturities     $ 10,445,003