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ACCRUED EXPENSES (Tables)
12 Months Ended
Dec. 31, 2013
Payables and Accruals [Abstract]  
Schedule of Accrued Liabilities [Table Text Block]
At December 31, accrued expenses consist of the following:
 
 
 
2013
 
2012
 
Payroll and related costs
 
$
2,446
 
$
18,100
 
Professional and consulting fees
 
 
-
 
 
77,400
 
Royalties
 
 
421,963
 
 
858,300
 
Stock payment guarantee liabilities
 
 
-
 
 
443,200
 
Other
 
 
14,539
 
 
115,800
 
Total
 
$
438,948
 
$
1,512,800