INTEREST EXPENSE NON-RELATED PARTIES AND OTHER EXPENSE (INCOME), NET

12 Months Ended

Dec. 31, 2013

Interest Income (Expense), Net [Abstract]

Other Income and Other Expense Disclosure [Text Block]

23. INTEREST EXPENSE NON-RELATED PARTIES AND OTHER EXPENSE (INCOME), NET

For the year ended December 31, 2013, non-related parties interest expense of $198,342 is comprised of approximately $194,000 interest on convertible debentures and approximately $4,000 interest on notes payable and other interest. For the year ended December 31, 2012, non-related parties interest expense of $264,243 is comprised of $233,148 interest on convertible debentures, $26,337 interest on notes payable, and $4,758 other interest.

For the year ended December 31, 2013, $73,731 other income, net is comprised primarily of $106,000 in sales commissions, approximately $22,000 royalty income on licensed patents, $47,500 return and retirement of year end 2012 stock bonuses granted to certain consultants, approximately $25,000 downward adjustment of BBT foreclosure liability from settlement of Final Judgment, $15,841 other income, net of individually insignificant items, and partially offset by approximately $98,000 loss on extinguishment of convertible debentures, and $44,610 stock option expense. See Note 7. RELATED PARTIES for further information regarding the stock options granted Mr. Pitzner, BOD, in conjunction with note payable issued to him by Company for $85,000. For the year ended December 31, 2012, the $81,655 other expense, net is comprised primarily of $116,539 loss on foreclosure of real estate, $106,421 loss on extinguishment of convertible debentures, and partially offset by $95,054 gain on forgiveness of legal debt dated prior to April 2004, $29,940 product license royalty income, and $16,311 other income net of individually insignificant transactions.