Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v2.4.1.9
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2015
Accounting Policies [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The weighted-average Black-Scholes assumptions are as follows:
 
 
For The Three Months Ended March 31,
 
 
2015
 
2014
 
Expected life
 
2 years
 
 
1 year
 
Risk free interest rate
 
0.65
%
 
0.13
%
Expected volatility
 
80
%
 
132
%
Expected dividend yield
 
0
%
 
0
%
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]
  Potentially dilutive securities are excluded from the computation of diluted net loss per share as their inclusion would be anti-dilutive and consist of the following:
 
 
 
March 31,
 
March 31,
 
 
 
2015
 
2014
 
Warrants
 
 
7,936,391
 
 
36,542
 
Options
 
 
3,340,959
 
 
163,971
 
Convertible notes
 
 
-
 
 
210,000
 
Totals
 
 
11,277,350
 
 
410,513