Annual report pursuant to Section 13 and 15(d)

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

v3.23.1
Accrued salary, accrued retirement, and incentive fee – related party (Tables)
12 Months Ended
Dec. 31, 2022
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, 2022 and 2021:

  

    2022     2021  
Accrued salaries and benefits   $ 914,072     $ 881,125  
Accrued retirement and other benefits     501,529       508,393  
Offset by shareholder advance     (261,653 )     (261,653 )
Total outstanding liability   $ 1,153,948     $ 1,127,865