Quarterly report pursuant to Section 13 or 15(d)

Accounts Payable and Accrued Expenses

v3.2.0.727
Accounts Payable and Accrued Expenses
 6 Months Ended
Jun. 30, 2015
Disclosure Text Block [Abstract]  
Accounts Payable and Accrued Expenses

10. accounts payable and accrued expenses

 

Accounts payable and accrued expenses are summarized as follows:

 

    June 30, 2015     December 31, 2014  
             
Accounts payable   $ 4,646,177     $ 3,382,818  
Accrued taxes (VAT, GST, Sales, Payroll)     1,865,640       1,604,829  
Accrued income taxes     47,427       92,618  
Accrued interest     309,260       499,866  
    $ 6,868,504     $ 5,580,131