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9. LONG TERM DEBT (Details 2) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Long Term Debt Details 2
Balance, beginning of period	$ 1,297,830	$ 1,726,050
Plus: Proceeds from loan	1,005,967
Less: Payments on loan	932,675	307,833
Effect of exchange rate	(202,304)	(120,387)
Balance, end of period	$ 1,168,818	$ 1,297,830

Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.

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