Note 4. Accounts Payable and Accrued Expenses

6 Months Ended

Jun. 30, 2017

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, 2017 and December 31, 2016:

	June 30,	December 31,
Description	2017	2016
Related Parties:
Accrued payroll due officers	1,919,711	1,769,711
Accrued interest due officers and directors	659,012	568,161
Accrued director fees	356,250	311,250
Base rents due to the President	104,030	76,826
Associated rental costs	35,226	28,908
Other	17,308	17,308
Total Related Parties	3,091,537	2,772,164
Non-Related Parties:
Accrued interest	1,350,580	1,220,516
Accrued dividends	609,600	558,800
Accrued fines and penalties	16,700	7,650
Other accounts payable and accrued expenses	253,665	225,560
Total Non-related Parties	2,230,545	2,012,526
Total accounts payable and accrued expenses	5,322,082	4,784,690