WARRANTS

6 Months Ended

Jun. 30, 2014

WARRANTS [Text Block]

9.     WARRANTS

Warrant activity

The following table summarizes the Company’s warrant activity for the six month period ended June 30, 2014:

Warrants 2014	Number of warrants	Weighted average exercise price
Outstanding at December 31, 2013	44,450,500	USD0.70
Granted	-	-
Exercised	-	-
Forfeit or expired	44,450,500	USD0.70
Outstanding at June30, 2014	-	-