WARRANTS (Tables)

6 Months Ended

Jun. 30, 2014

Schedule of Stockholders' Equity Note, Warrants or Rights, Activity [Table Text Block]

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	-	-