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

3 Months Ended

Mar. 31, 2015

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 March 31, 2015 and December 31, 2014, the Company had an outstanding liability to its Chief Executive Officer ("CEO") as follows:

		March 31,     2015		December 31, 2014
Accrued salaries and benefits	$	721,987	$	716,055
Accrued incentive fee and bonus		190,581		190,581
Accrued retirement and other benefits		441,917		439,751
Offset by shareholder advance		(1,049,331)		(1,073,405)
	$	305,154	$	272,982