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, 2016
Notes to Financial Statements  
Note 8. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

NOTE 8 – ACCOUNTS PAYABLE AND ACCRUED EXPENSES

 

As of December 31, 2016 and 2015, accounts payable and accrued expenses consisted of the following:

 

    December 31,  
    2016   2015  
               
Accounts Payable   $ 1,986,907   $ 1,015,994  
Sales Tax Payable     122,470     –  
Accrued Interest Payable     96,633     103,465  
Accrued Expenses     211,390     –  
               
Total Accounts Payable and Accrued Expenses   $ 2,417,400   $ 1,119,459