Quarterly report pursuant to Section 13 or 15(d)

Note 17 - Accrued salary, accrued retirement and incentive fee - related party: Schedule of Outstanding Liability (Tables)

v3.8.0.1
Note 17 - Accrued salary, accrued retirement and incentive fee - related party: Schedule of Outstanding Liability (Tables)
9 Months Ended
Sep. 30, 2017
Tables/Schedules  
Schedule of Outstanding Liability

 

 

September 30,

2017

December 31, 2016

 

Accrued salaries and benefits

$

774,735

$

759,701

Accrued incentive fee and bonus

 

190,581

 

190,581

Accrued retirement and other benefits

463,577

457,079

Offset by shareholder advance

 

(288,929)

 

(368,938)

 

$

1,139,964

$

1,038,378