Quarterly report pursuant to Section 13 or 15(d)

Accounts Payable and Accrued Expenses

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Accounts Payable and Accrued Expenses
 6 Months Ended
Jun. 30, 2016
Payables and Accruals [Abstract]  
Accounts Payable and Accrued Expenses

10. accounts payable and accrued expenses

 

Accounts payable and accrued expenses are summarized as follows:

 

    June 30, 2016     December 31, 2015  
Accounts payable and accrued expenses   $ 4,114,942     $ 3,547,174  
Accrued taxes (VAT, GST, Sales Payroll)     713,615       784,842  
Accrued income taxes     85,880       27,709  
Accrued interest     487,493       380,406  
    $ 5,401,930     $ 4,740,131