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

ACCRUED EXPENSES (Tables)

v3.2.0.727
ACCRUED EXPENSES (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2015
Dec. 31, 2014
Payables and Accruals [Abstract]    
Schedule of Accrued Liabilities [Table Text Block]
Accrued expenses consist of:
 
 
 
As of
 
As of
 
 
 
March 31, 2015
 
December 31, 2014
 
Lab services
 
$
36,579
 
$
64,768
 
Professional fees
 
 
107,143
 
 
173,829
 
Consultant fees
 
 
52,000
 
 
52,000
 
Interest
 
 
12,559
 
 
10,804
 
Other
 
 
-
 
 
4,000
 
Total accrued expenses
 
$
208,281
 
$
305,401
 
Accrued expenses at December 31, 2014 and 2013 consist of:
 
 
 
2014
 
2013
 
Lab services
 
$
64,768
 
$
-
 
Professional fees
 
 
173,829
 
 
32,284
 
Consultant fees
 
 
52,000
 
 
33,250
 
Interest
 
 
10,804
 
 
4,003
 
Expense reimbursement
 
 
4,000
 
 
98
 
Total accrued expenses
 
$
305,401
 
$
69,635