NOTE 4 - ACCRUED EXPENSES AND ACCRUED EXPENSES - RELATED PARTIES

12 Months Ended

Dec. 31, 2011

Accounts Payable and Accrued Liabilities Disclosure [Text Block]

NOTE 4 -        ACCRUED EXPENSES AND ACCRUED EXPENSES – RELATED PARTIES

Accrued expenses and accrued expenses – related parties consist of the following at December 31, 2011 and 2010:

	2011		2010
Accrued payroll and consulting – related parties	$	1,841,922	$	1,845,422
Accrued interest		431,302		407,646
Accrued payroll taxes – related parties		118,605		118,894
Other accruals		20,684		19,883
Total	$	2,412,513	$	2,391,845

Accrued expenses – related parties relate to accrued but unpaid prior payroll and consulting fees (and associated taxes) for certain of the Company’s employees who are also directors, officers or stockholders.