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STOCKHOLDERS' EQUITY AND SHARE-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2015

Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]



Warrant Name	Exercise Price		Warrants Outstanding	Weighted Average Life of Outstanding Warrants in Months	Date of Expiration
Series A	$	10.00	973,000	13	7/31/2016
Series B	5.00		42,700	40	10/31/2018
Evans	4.40		600,000	16	10/21/2016
Spector	4.40		150,000	16	12/12/2016
IPG ($4.50)	4.50		250,000	33	3/26/2018
IPG ($5.00)	5.00		250,000	33	3/26/2018
Castro	3.75		20,000	22	4/24/2017
PLR	3.49		20,000	22	4/27/2017
10% Notes	1.08		162,500	18	12/1/2016
	$	6.46	2,468,200	18.91

Schedule of Assumptions Used [Table Text Block]



	Castro			PLR			10% Notes (Weighted Average)
Grant date	4/24/2015			4/27/2015			6/1/2015
Stock price on Grant date (1)	$	3.75		$	3.49		$	2.87
Exercise price (2)	$	3.75		$	3.49		$	1.08
Risk-free interest rate (3)	0.54		%	0.54		%	0.45		%
Expected dividend yield (4)	0.00		%	0.00		%	0.00		%
Expected term (in years) (5)	2			2			1.5
Expected volatility (6)	134		%	134		%	130		%

Schedule of Stock Options Roll Forward [Table Text Block]

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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