NOTE 4: RELATED PARTY TRANSACTIONS |
6 Months Ended |
|---|---|
Jun. 30, 2015 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions Disclosure [Text Block] |
NOTE 4: RELATED PARTY TRANSACTIONS
As management has not received any consistent salary over several years all accruals for salary and bonuses to officers and directors are included in accrued liabilities in the balance sheet and totaled $2,427,906 and $1,998,337 as of June 30, 2015 and December 31, 2014, respectively.
During the six months ended June 30, 2015, the company borrowed an aggregate of $50,000 from an Officer. This loan was made at zero percent interest and was to be repaid upon adequate funding being in place. As of June 30, 2015 the outstanding balance of this note was $2,800 with $47,200 having been repaid.
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