ACCRUED LIABILITIES

12 Months Ended

Dec. 31, 2018

Payables and Accruals [Abstract]

ACCRUED LIABILITIES

3. ACCRUED LIABILITIES

The accrued liabilities are summarized below:

	12/31/2018		12/31/2017
Accrued interest on note payable	$	2,308,363	$	1,987,723
Accrued general and administrative expenses		138,348		129,064
Other payable		727,500		727,500
	$	3,174,211	$	2,844,287

The other payable balance represented accounts payable owed to Sperco, LLC (“SLLC”) (an entity controlled by Stephen J. Sperco, the Company’s former CEO/President/Director). On September 11, 2014, in connection with the change in ownership, the payable in the amount of $727,500 was assigned to Tang Chuan Choon, a third party.