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Other Income (Expenses)
12 Months Ended
Dec. 31, 2015
Other Income and Expenses [Abstract]  
Other Income (Expenses)

9.

Other Income (Expenses)


Other income (expenses) includes, in 2015, the reversal of approximately $56,300 of accounts payable related to invoices received from 2001 through 2009 from a professional services business that provided legal services to the Company and an individual that provided consulting services to the Company in 2009 that the Company, with legal counsel, has determined to be no longer statutorily payable as the statute of limitations to bring claims has expired. Additionally, other income (expenses) includes interest on unsecured loans from five individuals, on convertible debentures held by ten investors and, in 2014, on funds borrowed under the Company’s promissory note with a bank. Also included in other income (expenses) is accretion of debt discounts related to the issuance of convertible debentures totaling $128,400 and, in 2015, the extension of the maturity dates of $95,000 of convertible debentures.