INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2016

Schedule of lntangibles Activity [Table Text Block]

		2016			2015
Net intangible assets, beginning of period	$	1,132,753		$	2,136,205
Purchases		2,002,104			420
Less: current amortization		(541,738	)		(796,704	)
Net intangible assets, end of period	$	2,593,119		$	1,339,921

Schedule of Intangible Assets [Table Text Block]

		September 30, 2016			December 31, 2015
Intangible assets	$	6,504,584		$	4,502,480
Less impairment and transfer		(781,917	)		(781,917	)
Less: accumulated amortization		(3,129,548	)		(2,587,810	)
Intangible assets, net	$	2,593,119		$	1,132,753

Schedule of License Acquired From NTI [Table Text Block]

	License Rights Overview	Licensed Region	Term (date) of License	Original Cost	Carrying Value at September 30,   2016	Carrying Value at December 31, 2015
A	Coating Products	North America	12-Jun-10 10 years, 6 months	$500,000	$0	$0
B	Coating Products	Russian Territory	17-Mar-11 9 years, 9 months	$150,000	$21,041	$24,800
C	Coating Products	European Continent	07-Jul-11 9 years, 5 months	$1,250,000	$97,390	$129,020
D	Spray Foam Insulation	North America, European Continent and Russian Territory	06-May-16 4 years, 7 months	$500,000	$49,227	$86,865
E	Added Applications including synthetic leather, sealants and adhesives	North America, European Continent and Russian Territory	31-Mar-17 3 years, 9 months	$2,000,000	$656,002	$833,333
F	Polyurethane Foam Packaging	North America	10-Aug 15 5 years, 4 months	$102,480	$39,404	$58,735
G	Extension	All Territories and Products	31-Dec -20 5 years	$2,002,104	$1,730,055	$0
TOTAL				$6,504,584	$2,593,119	$1,132,753