Annual report pursuant to Section 13 and 15(d)

CONVERTIBLE NOTES PAYABLE (Tables)

v2.4.0.8
CONVERTIBLE NOTES PAYABLE (Tables)
12 Months Ended
Dec. 31, 2013
Convertible Notes Payable [Abstract]  
Convertible Debt [Table Text Block]
Key assumptions used to apply this pricing model during the three months ended December 31, 2013 were as follows:
 
Risk-free interest rate
 
0.006
%
Expected life of warrants
 
2.6 years
 
Expected volatility of underlying stock
 
104.06
%