PREPAID EXPENSES (Tables)

6 Months Ended

Jun. 30, 2016

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]

Prepaid expenses consisted of the following:

	June 30, 2016		December 31, 2015
Prepaid insurance		169,911		104,954
Retainer and security deposits		39,218		39,218
Other		-		49,121
Total prepaid expenses	$	209,129	$	193,293