Quarterly report pursuant to Section 13 or 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)
3 Months Ended
Mar. 31, 2022
Payables and Accruals [Abstract]  
Schedule of outstanding liability

The Company had an outstanding liability to its CEO as follows:

 

    March 31, 2022     December 31, 2021  
Accrued salaries and benefits   $ 889,547     $ 881,125  
Accrued retirement and other benefits     506,671       508,393  
Offset by shareholder advance     (261,653 )     (261,653 )
Total outstanding liability   $ 1,134,565     $ 1,127,865