3. Accrued Expenses and Accounts Payable - Related Parties |
9 Months Ended |
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Sep. 30, 2017 | |
Related Party Transactions [Abstract] | |
Accrued Expenses and Accounts Payable - Related Parties |
Accrued expense and accounts payable – related parties consist of accrued salaries of officers and fees due to members of the Board of Directors.
As of September 30, 2017 and December 31, 2016, accrued expenses and accounts payable to related parties amounted to $40,000 and $135,000, respectively. |
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- References No definition available.
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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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