Annual report pursuant to Section 13 and 15(d)

3. Accrued Expenses - Related Parties

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3. Accrued Expenses - Related Parties
12 Months Ended
Dec. 31, 2017
Related Party Transactions [Abstract]  
Accrued Expenses - Related Parties
3. Accrued Expenses – Related Parties

 

Accrued Expenses – Related Parties consists of unpaid salaries and corresponding payroll taxes of officer’s salaries, unused vacation of officers and unpaid board and committee fees to members of the Company’s Board of Directors. As of December 31, 2017 and 2016, total accrued expenses – related parties amounted to $31,000 and $135,000, respectively. Included in these accruals are the unpaid salaries to a former President and current member of the Company’s Board of Directors of $0 and $15,000, respectively.