Quarterly report pursuant to Section 13 or 15(d)

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

v2.4.0.8
ACCOUNTS PAYABLE AND ACCRUED EXPENSES
 6 Months Ended
Jun. 30, 2014
Notes to Financial Statements  
Note 7. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following:

 

    June 30,     December 31,  
    2014       2013,  
Accounts payable   $ 406,519     $ 948,421  
Accrued officers’ salary     60,000       60,000  
Accrued interest     123,414       204,898  
Accrued payroll taxes     62,599       62,599  
    $ 652,532     $ 1,275,918