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
3 Months Ended
Mar. 31, 2016
Related Party Transactions [Abstract]  
Certain Relationships and Related Transactions

As of March 31, 2016 and December 31, 2015, the Company had accrued expenses and accounts payable to related parties in the amount of $174,603 and $190,750, respectively. Included in these amounts at March 31, 2016 and December 31, 2015 were unpaid salaries due to our former President and current member of the Company’s Board of Directors of $60,429 and $75,429, 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 March 31, 2016 and December 31, 2015 are accrued directors’ fees of $76,089.