Quarterly report pursuant to Section 13 or 15(d)

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

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ACCOUNTS PAYABLE AND ACCRUED EXPENSES
 3 Months Ended
Mar. 31, 2014
Notes to Financial Statements  
Note 7. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following:

    March 31,     December 31,  
    2014       2013,  
Accounts payable   $ 711,326     $ 1,178,212  
Accrued officers’ salary     60,000       60,000  
Accrued interest     62,241       204,898  
Accrued payroll taxes     62,599       62,599  
    $ 896,166     $ 1,505,709