Accumulated Other Comprehensive Income (Loss) (AOCI)

6 Months Ended

Jun. 30, 2015

Stockholders' Equity [Abstract]

Comprehensive Income (Loss) Note [Text Block]

12. Accumulated Other Comprehensive Income (Loss) (AOCI)

AOCI is a balance sheet item in the stockholders’ equity section of the Company’s condensed consolidated balance sheets. The Company’s acquisition of SCL on May 1, 2014 resulted in the recognition of net foreign currency translation adjustments due to translation of SCL’s Euro-currency financial statements into the Company’s reporting currency. Changes in AOCI were as follows during the three and six month periods ended June 30, 2015:

	THREE MONTHS ENDED
	JUNE 30,
	2015		2014
	(Unaudited)
Balances, April 1	$	(262,022)	$	-
Net foreign currency translation (loss)		17,570		(34,856)
Balances, June 30	$	(244,452)	$	(34,856)

	SIX MONTHS ENDED
	JUNE 30,
	2015		2014
	(Unaudited)
Balances, January 1	$	(147,515)	$	-
Net foreign currency translation (loss)		(96,937)		(34,856)
Balances, June 30	$	(244,452)	$	(34,856)