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WARRANTS AND REGISTRATION RIGHTS AGREEMENTS (Tables)
3 Months Ended
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]
A summary of the status of the warrants issued by the Company as of March 31, 2016, and changes during the three months then ended, is presented below:
 
 
 
 
 
Weighted
 
 
 
 
 
Average
 
 
 
Shares
 
Exercise Price
 
 
 
 
 
 
 
 
 
Outstanding, December 31, 2015
 
 
28,286,507
 
$
0.53
 
 
 
 
 
 
 
 
 
Granted
 
 
-
 
$
-
 
Canceled / Expired
 
 
(4,000,000)
 
$
0.76
 
Exercised
 
 
(1,187,995)
 
$
0.00
 
 
 
 
 
 
 
 
 
Outstanding, March 31, 2016
 
 
23,098,512
 
$
0.52