Annual report pursuant to section 13 and 15(d)

4. ACCRUED EXPENSES

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4. ACCRUED EXPENSES
12 Months Ended
Dec. 31, 2013
Payables and Accruals [Abstract]  
4. ACCRUED EXPENSES

The following table represents the major components of accrued expenses at December 31, 2013 and 2012:

 

    2013     2012  
Professional fees   $ 331,494     $ 95,567  
Stock subscription     270,000       -  
Interest     63,447       44,090  
Other current liabilities     56,024       7,117  
Total   $  720,965     $  146,774