Supplemental Cash Flow Information

12 Months Ended

Dec. 31, 2013

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flow Information

15. SUPPLEMENTAL CASH FLOW INFORMATION

During the year ended December 31, 2013 interest of $123,223 (2012: $45,843) respectively were paid. Further, On February 5, 2013, the Company assumed net liabilities of $406,496 by shares exchange (Note 1).

In addition to above, following are the non-cash issuance of shares for the year ended December 31, 2013:

● Issuance of 12,865,213 shares against conversion of notes for value of $636,638;

● Issuance of 2,000,000 shares against term sheet agreement for value of $1,000,000;

● Issuance of 85,000 shares against settlement agreements for value of $147,635;