Annual report pursuant to Section 13 and 15(d)

5. ACCRUED EXPENSES

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5. ACCRUED EXPENSES
 12 Months Ended
Dec. 31, 2014
Payables and Accruals [Abstract]  
ACCRUED EXPENSES

Accrued expenses at December 31, 2014 and 2013 were as follows:

 

    2014     2013  
             
Accrued interest   $ –     $ 161,583  
Accrued payroll expenses     68,920       20,955  
Other accrued liabilities     49,286       40,165  
    $ 118,206     $ 222,703