NOTES PAYABLE

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

Debt Disclosure [Text Block]

7. Notes PAYABLE  - On November 30, 2012 the Company received cash in consideration for issuing notes payable of $520,947 from related parties and $58,399 from other individuals. The notes payable have a stated interest of 6% and are due December 31, 2015. Interest is accrued and recorded in accounts payable and accrued expenses. Notes were paid on October 15, 2015, including $127,768 of accrued interest.