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

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