CONVERTIBLE PROMISSORY NOTE (Tables)

3 Months Ended

Sep. 30, 2011

			Conversions			Discount
	12/31/2010	Additions	& Amortization	3/31/2011	Additions	Amortization	6/30/2011	Additions	Conversions	9/30/2011
Asher Enterprises	37.000	80.000	-37.000	80.000	40.000		120.000	65.000	34.000	151.000
Discount on Asher Note	-18,809	-79,035	24,572	-73,272	-39,658	-13,090	-99,830	-65,000	-52,058	-112,772

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References+ Details

CATALYST RESOURCE GROUP, INC. 10-Q/A