CAPITAL LEASE OBLIGATION

9 Months Ended

Sep. 30, 2013

Leases, Capital [Abstract]

Capital Leases in Financial Statements of Lessee Disclosure [Text Block]

NOTE 14 – CAPITAL LEASE OBLIGATION

In September 2013 the Company acquired certain computer equipment pursuant to a capital lease agreement. Under the lease agreement, during the term, which expires in September 2015, the Company is required to make monthly payments of approximately $14,000, including interest at an annual rate of 12.82%.