Quarterly report pursuant to Section 13 or 15(d)

3. Certain relationships and related transactions

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3. Certain relationships and related transactions
9 Months Ended
Sep. 30, 2015
Related Party Transactions [Abstract]  
Certain relationships and related transactions

As of September 30, 2015 and December 31, 2014, the Company had accrued expenses and accounts payable to related parties in the amount of $206,897 and $259,507, respectively. Included in these amounts at September 30, 2015 and December 31, 2014 were unpaid salaries due the former President and a current member of the Company’s Board of Directors of $90,429 and $135,429, respectively. The Company agreed to pay the former President $5,000 per month until the unpaid salary is fully settled. Also included in these amounts at September 30, 2015 and December 31, 2014 are accrued directors’ fees of $76,089 and $80,586, respectively.