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EXCEL - IDEA: XBRL DOCUMENT - Windstream Technologies, Inc.Financial_Report.xls
10-Q - WINDAUS GLOBAL ENERGY, INC. - Windstream Technologies, Inc.bsendecq2012final.htm
XML - IDEA: XBRL DOCUMENT - Windstream Technologies, Inc.R3.htm
XML - IDEA: XBRL DOCUMENT - Windstream Technologies, Inc.R6.htm
XML - IDEA: XBRL DOCUMENT - Windstream Technologies, Inc.R7.htm
XML - IDEA: XBRL DOCUMENT - Windstream Technologies, Inc.R1.htm
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EX-32 - EXHIBIT 32 - Windstream Technologies, Inc.ex32.htm
EX-31 - CERTIFICATION - Windstream Technologies, Inc.certification.htm
v2.4.0.6
Debt
6 Months Ended
Dec. 31, 2012
Debt:  
Debt Disclosure

NOTE 6 – NOTES PAYABLE

 

On August 29, 2012, the Company issued a promissory note to an unrelated party for cash of $[«11,500.  The note is due on demand and bears interest at 4%. Balance of principal and interest as of December 31, 2012 amounted to $11,500 and $153 respectively.

 

On December 4, 2012, the Company issued a promissory note to a related party of $20,420 for the acquisition of a license or patent rights (see Notes 1 and 4). The note is unsecured, bear an interest of 5% and repayable out of any financing closed by the Company of $250,000 or more, or on September 30, 2013, whichever first occurs.  Balance of principal and interest as of December 31, 2012 amounted to $20,420 and $82 respectively.