Quarterly report pursuant to sections 13 or 15(d)

Accrued Expenses and Other Current Liabilities

v2.4.0.8
Accrued Expenses and Other Current Liabilities
3 Months Ended
Mar. 31, 2014
Payables and Accruals [Abstract]  
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]
Note 5 – Accrued Expenses and Other Current Liabilities
 
Accrued expenses consist of the following:
 
 
 
As of
 
 
 
March 31, 2014
 
December 31, 2013
 
Accrued interest payable
 
$
285,699
 
$
207,945
 
Accrued compensation
 
 
93,788
 
 
19,894
 
Other accrued expenses
 
 
-
 
 
15,784
 
Total
 
$
379,487
 
$
243,623