Annual report pursuant to Section 13 and 15(d)

Accrued salary, accrued retirement, and incentive fee ??? related party (Tables)

v3.22.1
Accrued salary, accrued retirement, and incentive fee – related party (Tables)
12 Months Ended
Dec. 31, 2021
Payables and Accruals [Abstract]  
Schedule of outstanding liability

The Company had an outstanding liability to its Chief Executive Officer (“CEO”) as follows at December 31, 2021 and 2020:

 

    2021     2020  
Accrued salaries and benefits   $ 881,125     $ 848,796  
Accrued retirement and other benefits     508,393       550,191  
Offset by shareholder advance     (261,653 )     (261,653 )
Total outstanding liability   $ 1,127,865     $ 1,137,334