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DERIVATIVE WARRANT LIABILITY (Tables)
 6 Months Ended
Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The underlying assumptions used in our value of the derivative warrant liability at June 30, 2015 were:
 
May 1, 2015
 
May 4, 2015
Current stock price
$
3.75

 
$
3.50

Exercise price of warrant
$
4.00

 
$
4.00

Risk-free interest rate
0.60
%
 
0.60
%
Expected dividend yield
0.00
%
 
0.00
%
Expected term (in years)
1.81 years

 
1.81 years

Expected volatility
133
%
 
133
%
Early exercise factor
1.33

 
1.33
Schedule of Share-based Compensation, Activity [Table Text Block]
Changes in the derivative warrant liability for the three and six-month periods ended June 30, 2015 and 2014 are as follows:
 
Three months ended June 30,
 
Six months ended June 30,
 
2015
 
2014
 
2015
 
2014
Balance at beginning of period
$
601,617

 
$
1,147,640

 
$
3,893,904

 
$
—

Fair value of warrants issued
—

 
—

 
—

 
1,368,908

Increase in derivative liability resulting from anti-dilution provision in agreement, with Full Circle
—

 
—

 
—

 
153,994

Increase (decrease) in the fair value of warrant liability
(8,223
)
 
(223,876
)
 
14,010

 
(599,138
)
Reclassification to APIC for shares issued for Full Circle as a result of warrant exercises, net of cash received
(368,750
)
 
—

 
(3,683,270
)
 
—

(Gain) loss on settlement of derivative
(224,644
)
 
—

 
(224,644
)
 
—

Balance at end of period
$
—

 
$
923,764

 
$
—

 
$
923,764
Derivative Instruments, Gain (Loss) [Table Text Block]
 
Three months ended June 30,
 
Six months ended June 30,
 
2015
 
2014
 
2015
 
2014
Beginning balance at beginning of period
$
101,617

 
$
647,640

 
$
3,393,904

 
$
—

Initial loss on recognition of derivative liability
—

 
—

 
—

 
868,908

Increase (decrease) in the fair value of warrant liability
(8,223
)
 
(223,876
)
 
14,010

 
(445,144
)
Reclassification from (to) APIC for shares issued for Full Circle as a result of warrant exercises, net of initial consideration
131,250

 
—

 
(3,183,270
)
 
—

(Gain) loss on settlement of derivative
(224,644
)
 
—

 
(224,644
)
 
—

Balance at end of period
$
—

 
$
423,764

 
$
—

 
$
423,764