Quarterly report pursuant to Section 13 or 15(d)

Accrued Expenses

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Accrued Expenses
9 Months Ended
Sep. 30, 2017
Payables and Accruals [Abstract]  
Accrued Expenses

Note 4 – Accrued Expenses

 

Accrued expenses at September 30, 2017 (unaudited) and December 31, 2016 consisted of the following:

 

    September 30, 2017     December 31, 2016  
Commisions payable   $ 29,860     $ 44,788  
Accrued payroll and related liabilities     1,755,131       493,521  
Accrued interest     2,211,588       1,471,191  
Other accrued expenses     1,013,719       872,529  
Total accrued expenses   $ 5,010,298     $ 2,882,029