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EXCEL - IDEA: XBRL DOCUMENT - First Power & Light, Inc.Financial_Report.xls
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EX-31.1 - First Power & Light, Inc.ex31-1.htm
EX-32.2 - First Power & Light, Inc.ex32-2.htm
EX-32.1 - First Power & Light, Inc.ex32-1.htm
EX-21.1 - SUBSIDIARIES OF THE REGISTRANT - First Power & Light, Inc.ex21-1.htm
EX-31.2 - First Power & Light, Inc.ex31-2.htm
EX-10.5 - STOCK PURCHASE AGREEMENT (SEPTEMBER 20, 2012) WITH FIRST POWER & LIGHT LLC - First Power & Light, Inc.ex10-5.htm
10-K - MAINSTREAM ENTERTAINMENT, INC. FORM 10-K FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2012 - First Power & Light, Inc.mainstream10k093012.htm
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EX-10.6 - FIRST ADDENDUM TO STOCK PURCHASE AGREEMENT (JANUARY 4, 2013) WITH FIRST POWER & LIGHT, LLC - First Power & Light, Inc.ex10-6.htm
v2.4.0.6
RELATED PARTY NOTES (Tables)
12 Months Ended
Sep. 30, 2012
RELATED PARTY NOTES (Tables)  
Short-term Debt

Short-term debt as of September 30, 2012 and September 30, 2011 consisted of the following demand notes:

 

 

 

 

 

 

 

 

 

 

September 30, 2012

 

 

September 30, 2011

 

 

 

 

 

 

 

 

Various unsecured demand notes to the principal shareholder with no stated interest rate; interest is being accrued at 8% and 5% per annum.  At September 30, 2012 and September 30, 2011, the principal balances of the 5% notes were $21,749 and $21,700 and of the 8% notes were $13,508 and $21,500, respectively.

 

$

35,257

 

 

$

43,200

 

 

 

 

 

 

 

 

 

 

Various unsecured demand notes to a business owned and controlled by the principal shareholder with a stated interest rate of 5% and 8% per annum. At September 30, 2012 and September 30, 2011, the principal balances of the 5% notes were $17,558 and $11,500 and of the 8% notes were $0 and $11,923, respectively.

 

 

17,558

 

 

 

23,423

 

 

 

 

 

 

 

 

 

 

Various unsecured demand notes to a corporation controlled by the principal shareholder with a stated interest rate of 8% per annum.

 

 

10,016

 

 

 

10,016

 

 

 

 

 

 

 

 

 

 

Various unsecured demand notes to a limited partnership controlled by the principal shareholder with a stated interest rate of 5% and 6% per annum.  At September 30, 2012 and September 30, 2011, the principal balances of the 5% notes were $24,150 and $24,150 and of the 6% notes were $10,750 and $10,750, respectively.

 

 

34,900

 

 

 

34,900

 

 

 

 

 

 

 

 

 

 

Various unsecured demand notes to a limited partnership controlled by the principal shareholder with a stated interest rate of 5% and 6%. At September 30, 2012 and September 30, 2011, the principal balances of the 5% notes were $41,500 and $41,500 and of the 6% notes were $6,000 and $6,000, respectively.

 

 

47,500

 

 

 

47,500

 

 

 

 

 

 

 

 

 

 

 

 

$

145,231

 

 

$

159,039