10. ACCRUED EXPENSES AND OTHER PAYABLES

3 Months Ended

Mar. 31, 2014

Disclosure Text Block Supplement [Abstract]

Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]

10. ACCRUED EXPENSES AND OTHER PAYABLES

Accrued expenses and other payables at March 31, 2014 and December 31, 2013 were as follows:

	2014		2013
Payroll-related	$	97,779	$	111,800
Warranty (note 2)		8,134		8,188
Other		87,043		95,210
Accrued interest		3,924,119		3,737,396
Accrued legal expense		400,808		400,808
Total	$	4,517,883	$	4,353,402

As of March 31, 2014 and December 31, 2013, the Company had $400,808 accrued legal expense and $75,209 and $66,315 accrued interest, respectively, for unpaid legal fees to a law firm in connection with the representation of the Company in its lawsuit against the NASDAQ Stock Market, LLC and NASDAQ OMX Group.

Accrued interest included interest on promissory notes, line of credit and credit union loans and interest on amount owed to legal expenses (See Note 11). The Company paid in full credit union loans along with interest during the three months ended March 31, 2014.