Quarterly report pursuant to Section 13 or 15(d)

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

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ACCOUNTS PAYABLE AND ACCRUED EXPENSES
9 Months Ended
Sep. 30, 2019
ACCOUNTS PAYABLE AND ACCRUED EXPENSES  
Note 8 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following as of September 30, 2019 and December 31, 2018:

 

 

 

September 30,

2019

 

 

December 31,

2018

 

Accounts payable

 

$ 487,399

 

 

$ 655,654

 

Interest payable on notes payable

 

 

1,256,553

 

 

 

898,234

 

Deferred insurance

 

 

85,023

 

 

 

-

 

Deferred rent

 

 

-

 

 

 

764

 

 

 

$ 1,828,975

 

 

$ 1,554,652