4. Accounts Payable and Accrued Expenses

9 Months Ended

Sep. 30, 2018

Payables and Accruals [Abstract]

Accounts Payable and Accrued Expenses

NOTE 4. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

The following table sets forth the components of the Company’s accrued liabilities at September 30, 2018 and December 31, 2017: 

	September 30, 2018		December 31, 2017
Accounts payable and accrued expenses	$	643,294	$	604,592
Accounts payable related party		6,000		–
Accrued interest		9,411		–
Accrued expense related party		150,000		150,000
Notes payable-related party		19,758		19,758
Total	$	828,463	$	774,300

Accounts payable and accrued expenses, and accounts payable related parties are comprised primarily of accounts payable balances.

Accrued interest relates to interest on convertible notes

Accrued expense related party is comprised of accrued salaries and fees for officers and former directors of the Company. Notes payable -related party represents advance made to the Company to pay certain expenses of the Company in prior periods when the Company had no cash on hand. During the nine month period ended September 30, 2018, the Company paid $46,000 in related party consulting fees to officers and directors.

Additionally, the accrued legal settlements payable as of September 30, 2018 and December 31, 2017 totaled $190,000 as discussed in Note 7 (Litigation and Accrued Settlement Liabilities).