Annual report pursuant to Section 13 and 15(d)

Accrued Liabilities

v2.4.1.9
Accrued Liabilities
12 Months Ended
Dec. 31, 2014
Payables and Accruals [Abstract]  
Accrued Liabilities

NOTE 9 – ACCRUED LIABILITIES

 

Accrued expenses consisted of the following as of:

 

    December 31, 2014     December 31, 2013  
             
Accrued interest   $ 426,938     $ 162,214  
Accrued liabilities     25,618       411,154  
Deferred revenues     -       25,907  
Accrued payroll     332,909       66,313  
Accrued warranty liability     253,000       63,000  
Deposit for future funding     -       50,000  
Accrued property taxes     14,426       10,750  
                 
Total   $ 1,052,891     $ 789,338