Quarterly report pursuant to Section 13 or 15(d)

NOTE 5 - ACCRUED LIABILITIES

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NOTE 5 - ACCRUED LIABILITIES
9 Months Ended
Sep. 30, 2014
Payables and Accruals [Abstract]  
ACCRUED LIABILITIES

NOTE 5 - ACCRUED LIABILITIES

 

Accrued liabilities were comprised of the following:

    September 30, 2014   December 31, 2013
         
Accrued payroll and payroll related expenses   $ 660,200     $ 451,500  
Accrued stock offering costs     —         216,000  
Accrued interest     52,000       73,200  
Other     168,400       183,500  
    $ 880,600     $ 924,200