ACCRUED LIABILITIES TO RELATED PARTIES

12 Months Ended

Dec. 31, 2014

Accrued Liabilities To Related Parties

ACCRUED LIABILITIES TO RELATED PARTIES

6. ACCRUED LIABILITIES TO RELATED PARTIES

The accrued liabilities to related parties are summarized below:

	12/31/2014		12/31/2013
Accrued interest on the note payable to SAIC	$	—	$	705,681
Fees accrued through March 31, 2009 to former Board of Director, Dale Geary		—		20,419
Fees accrued through March 31, 2009 to former Board of Director, Stephen J. Sperco		—		17,500
Vehicle allowance accrued through December 31, 2008 to Stephen J. Sperco		—		6,000
Fees paid by Ang Woon Han on behalf of the Company		18,000		—
	$	18,000	$	749,600

On September 11, 2014, the accrued expenses to SAIC and former board of directors were assigned to Tang Chuan Choon. Therefore, these balances were reduced to $0. Also see Note 7.