Quarterly report pursuant to Section 13 or 15(d)

Trade and Other Payables

v2.4.1.9
Trade and Other Payables
 3 Months Ended
Mar. 31, 2015
Payables and Accruals [Abstract]  
Trade and Other Payables

Note 9 – Trade and Other Payables

 

Trade and other payables as of March 31, 2015 and December 31, 2014 are as follows:

 

    2015     2014  
Trade Payables   $ 390,694     $ 364,080  
Other Payables     538,182       1,174,351  
    $ 928,876     $ 1,538,431  

 

Trade and other payables are non-interest bearing and are normally settled on 30 day terms.