Quarterly report pursuant to Section 13 or 15(d)

Note 16 - Accrued salary, accrued retirement and incentive fee - related party: Schedule of Outstanding Liability (Tables)

v3.8.0.1
Note 16 - Accrued salary, accrued retirement and incentive fee - related party: Schedule of Outstanding Liability (Tables)
6 Months Ended
Jun. 30, 2017
Tables/Schedules  
Schedule of Outstanding Liability

 

 

June 30,

2017

December 31,

2016

 

Accrued salaries and benefits

$

769,563   

$

759,701   

Accrued incentive fee and bonus

 

190,581   

 

190,581   

Accrued retirement and other benefits

461,411   

457,079   

Offset by shareholder advance

(288,928)  

(368,983)  

 

$

1,132,627   

$

1,038,378