||Due to Related Parties|
Amounts due to related parties
are due to individuals or companies controlled by individuals who are shareholders, directors and/or former directors of the Company.
A demand loan issued to the
Companys former President (Note 8) bears interest at 10% p.a. and is payable on demand. At 30 September 2012 the balance
owing was $0 (30 September 2011 - $2,500);