Schedule of an outstanding liability to its Chief Executive Officer ("CEO") as follows (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of an outstanding liability to its Chief Executive Officer ("CEO") as follows (Tables):

Schedule of an outstanding liability to its Chief Executive Officer ("CEO") as follows (Tables)

As of December 31, 2014 and 2013, the Company had an outstanding liability to its Chief Executive Officer ("CEO") as follows:

	2014	2013
Accrued salaries and benefits	$       716,055	$       900,238
Accrued incentive fee and bonus	190,581	-
Accrued retirement and other benefits	439,751	431,087
Offset by shareholder advance	(1,073,405)	(136,000)
	$       272,982	$    1,195,325