Stock Option Grants / Warrant Grants (Tables)

9 Months Ended

Sep. 30, 2014

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The following table summarizes weighted-average assumptions using the Black-Scholes option-pricing model used on the date of the grants issued during the nine months ended September 30, 2014 and 2013:

	Nine months ended September 30,
	2014	2013
Volatility	197%	69% - 85%
Expected term (years)	7.5 yrs	5 – 10 yrs
Risk-free interest rate	0.87%	1.8%
Dividend yield	0%	0%

Warrant [Member]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

Warrant activity for the nine months ended September 30, 2014 and the nine months ended September 30, 2013 is summarized as follows:

	Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value as of September 30, 2014
Warrants outstanding at beginning of year		3,303,000	$	0.17
Granted		0		NA
Exercised		0		NA
Cancelled/expired		(79,000)	$	0.14
Warrants outstanding at September 30, 2014		3,224,000	$	0.17	3.80 yrs		NONE
Warrants exercisable at September 30, 2014		3,224,000	$	0.17

Employee Stock Option [Member]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

Stock option activity for the nine months ended September 30, 2014 and the nine months ended September 30, 2013 is summarized as follows:

	Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value as of September 30, 2014
Options outstanding at beginning of year	3,316,000	$	0.69
Granted	80,000	$	0.12
Exercised	0		NA
Cancelled/expired	(838,000)	$	1.07
Options outstanding at September 30, 2014	2,558,000	$	0.22	6.63 yrs	$	6,150
Options exercisable at September 30, 2014	2,209,000	$	0.23