Quarterly report pursuant to Section 13 or 15(d)

Accounts Payable and Accrued Expenses

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

 

    March 31, 2016     December 31, 2015  
Accounts payable and accrued expenses   $ 4,606,852     $ 4,086,566  
Accrued taxes (VAT, GST, Sales Payroll)     1,152,298       1,010,584  
Accrued income taxes     53,136       27,709  
Accrued interest     634,783       380,406  
    $ 6,447,069     $ 5,505,265