9. CAPITAL STOCK (Tables)

3 Months Ended

Mar. 31, 2017

Share-based Arrangements with Employees and Nonemployees [Abstract]

Schedule of Stock Options Roll Forward [Table Text Block]

The following summarizes stock option transactions from January 1, 2017 through March 31, 2017:

	Shares			Weighted Average Exercise  Price
Options outstanding at January 1, 2017		42,250		$	12.85
Issued		55,000		$	11.30
Exercised		-		$	-
Forfeited		(20,650	)	$	12.19
Options outstanding at March 31, 2017		76,600		$	11.91
Options exercisable at:
January 1, 2017		6,900		$	14.10
March 31, 2017		14,100		$	13.46
Unvested options at March 31, 2017		62,500		$	11.56