Annual report pursuant to Section 13 and 15(d)

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

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ACCOUNTS PAYABLE AND ACCRUED EXPENSES
 12 Months Ended
Dec. 31, 2012
Notes to Financial Statements  
Note 7. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following:

 

    December 31,     December 31,  
    2012     2011  
Accounts payable   $ 159,118     $ 81,168  
 Accrued officers’ salary     75,000       37,500  
Accrued interest     75,408       19,307  
 Accrued payroll taxes     57,850       32,225  
 Customer deposits     10,000       -  
    $ 377,376     $ 170,200