General form of registration statement for all companies including face-amount certificate companies

Accrued Officers Salary

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Accrued Officers Salary
12 Months Ended
Dec. 31, 2017
Payables and Accruals [Abstract]  
Accrued Officers Salary

13. ACCRUED OFFICERS SALARY

 

Accrued Officers Salary at December 31, 2017 and 2016 consist of unpaid salaries of $607,333 and $200,028, respectively to the Company’s Chief Executive Officer (CEO), who is also the owner of approximately 32% of the Company’s outstanding common shares, and the Company’s Chief Financial Officer.