Annual report pursuant to Section 13 and 15(d)

Accrued salary, accrued retirement and incentive fee - related party (Details)

v3.3.1.900
Accrued salary, accrued retirement and incentive fee - related party (Details) - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Jun. 12, 2014
Jan. 02, 2014
Accrued salary, accrued retirement and incentive fee - related party        
Company agreed to advance the CEO against the accrued liabilities       $ 944,000
CEO put his shares owned in an escrow     100.00%  
Shares in an escrow     5,000,486  
Incentive fee increase in market capitalization     1.00%  
Book value at confirmation bankruptcy     $ 260,000  
Bonus increase in market capitalization     0.50%  
1.00 Increase in stock price up to a maximum per share     $ 8  
Bid price of stock beyond the book value at confirmation of bankruptcy     4.00%  
Accrued incentive fee and bonus expense $ 0 $ 190,581