Note 4. Accounts Payable and Accrued Expenses

6 Months Ended

Jun. 30, 2016

Notes

Note 4. Accounts Payable and Accrued Expenses

Note 4. Accounts Payable and Accrued Expenses

The table below outlines the elements included in accounts payable and accrued expenses at June 30, 2016 and December 31, 2015:

	June 30,	December 31,
	2016	2015
Description
Related Parties:
Accrued payroll due officers	1,619,711	1,469,711
Accrued interest due officers and directors	485,728	414,513
Accrued director fees	266,250	221,250
Base rents due to the President	54,156	49,622
Associated rental costs	26,134	32,141
Other	17,308	17,308
Total Related Parties	2,469,287	2,204,545
Non-Related Parties:
Accrued interest	1,091,527	962,842
Accrued dividends	508,000	457,200
Accrued fines and penalties	13,231	232,849
Other accounts payable and accrued expenses	216,691	214,976
Total Non-related Parties	1,829,449	1,867,867
Total accounts payable and accrued expenses	4,298,736	4,072,412