LIABILITY FOR EQUITY-LINKED FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

The inputs to the Black-Scholes model during 2009 through 2014 were as follows:

Stock price			$ .06 to $.50
Exercise price			$ .01 to $.325
Expected life			2.0 to 6.5 years
Expected volatility			59%
Assumed dividend rate			- %
Risk-free interest rate			.13% to 2.97%

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

The original valuations, annual gain/(loss) and end of year valuations are shown below:

													Value at		2012 Gain		Value		2013 Gain		Value		2014 Gain		Value at
	Initial Value		Annual Gain (Loss)		Value at 12/31/09		2010 Gain (Loss)		Value at 12/31/10		2011 Gain (Loss)		12/31/2011		(Loss)		at 12/31/2012		(Loss)		at 12/31/2013		(Loss)		6/30/2014

January 1, 2009 adoption	$	479,910	$	(390,368)	$	870,278	$	868,772	$	1,506	$	(88,290)	$	89,796	$	(21,856)	$	111,652	$	100,053	$	11,599	$	11,469	$	130

Warrants issued in quarter ended 6/30/2009		169,854		20,847		149,007		147,403		1,604		(4,689)		6,293		6,293		-		-		-		-		-

Warrants issued in quarter ended 9/30/2009		39,743		(738)		40,481		40,419		62		(1,562)		1,624		910		714		714		-		-		-

Warrants issued in quarter ended 12/31/2009		12,698		617		12,081		12,053		28		(724)		752		415		337		337		-		-		-

Subtotal		702,205				1,071,847

Warrants issued in quarter ended 3/31/2010		25,553						25,014		539		(5,570)		6,109		3,701		2,408		2,408		-		-		-

Warrants issued in quarter ended 6/30/2010		31,332						30,740		592		(6,122)		6,714		6,083		631		631		-		-		-

Warrants issued in quarter ended 9/30/2010		31,506						20,891		10,615		(44,160)		54,775		1,338		53,437		53,437		-		-		-

Total	$	790,596	$	(369,642)	$	1,071,847	$	1,145,292	$	14,946	$	(151,117)	$	166,063	$	(3,116)	$	169,179	$	157,580	$	11,599	$	11,469	$	130

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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