Quarterly report pursuant to Section 13 or 15(d)

Accounts Payable and Accrued Expenses

v2.4.1.9
Accounts Payable and Accrued Expenses
 3 Months Ended
Mar. 31, 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:

 

    March 31, 2015     December 31, 2014  
             
Accounts payable   $ 4,516,241     $ 3,382,818  
Accrued taxes (VAT, GST, Sales Payroll)     1,499,356       1,604,829  
Accrued income taxes     107,815       92,618  
Accrued interest     301,300       499,866  
    $ 6,424,712     $ 5,580,131