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5. Prepaid Expenses and Other Current Assets (Tables)
9 Months Ended
Sep. 30, 2014
Prepaid Expenses And Other Current Assets Tables  
Prepaid balances

Prepaid expenses and other current assets consisted of the following:

 

    September 30,     December 31,  
    2014     2013  
Prepaid insurance   $ 73,278     $ 165,004  
Prepaid professional fees     104,000       104,000  
Prepaid loan closing fees     -       33,513  
Prepaid listing fees     3,750       15,000  
Prepaid taxes     -       9,216  
Unrealized hedging gains     -       6,950  
    $ 181,028     $ 333,683