Not to mention this debt to those running the company that would have to be repaid. Certain related parties assist in financing operations by personally paying expenses which the Company considers to be in the nature of accounts payable since the obligations are incurred within the normal course of business and classified as related party accounts payable. Certain amounts for unpaid officer and director fees were classified as accounts payable to related parties in prior periods and have been reclassified for the current periods as accounts payable as they relate to normal operating business expenses of the Company. The balance due to related parties was $34,416, and $43,753 as of September 30, 2015 and December 31, 2014, respectively.
As of September 30, 2015, Garrett Hale, our CEO, is due $112,000 in wages due from the time he became our CEO in February 2013. Additionally, Mr. Hale incurs expenses in his role as CEO related to payment of expenses in country and travel. As of September 30, 2015, Mr. Hale is owed $99,494 for unpaid reimbursement requests. As these are incurred in the normal course of our business operations, these amounts are included in accounts payable. As of December 31, 2014, Mr. Hale was owed $156,393 for related wages and expenses which is included as accounts payable. Additionally at as of September 30, 2015 and December 31, 2014, Mr. Hale provided short-term funding in the amount of $34,416 and $43,753 respectively that was included in accounts payable to related party payables.
As of September 30, 2015, Mr. Robert Levich, a member of our Board of Directors and former Africa Country manager, is owed $119,967 for wages due to his time as our country manager or fees earned as a member of the Board of Directors. As these are incurred in the normal course of our business operations, these amounts are included in accounts payable. As of December 31, 2014, Mr. Levich was owed $101,967 which was included in accounts payable to related parties. No repayments were made to Mr. Levich during the period ended September 30, 2015. The amounts due Mr. Levich were reclassified to accounts payable due to the incurring of the wages and fees as a normal course of our operating business.
As of September 30, 2015, Mr. Larry Bigler, a member of our Board of Directors and former CEO, is owed $59,500 for wages due to his time as our CEO or fees earned as a member of the Board of Directors. As these are incurred in the normal course of our business operations, these amounts are included in accounts payable. As of December 31, 2014, Mr. Bigler was owed $41,500 which was included in accounts payable to related parties. No repayments were made to Mr. Bigler during the period ended September 30, 2015.
Now who do you really think has incentive for the stock to go up? Who do you think will be paid first assuming any big deal hits them or shareholders? Sney has a huge amount of debt, little to no interest in shares, and the future is more hype than reality. Facts speak for themselves boys and girls.
