Quarterly report pursuant to Section 13 or 15(d)

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

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ACCOUNTS PAYABLE AND ACCRUED EXPENSES
 9 Months Ended
Sep. 30, 2014
Disclosure Text Block [Abstract]  
Accounts Payable and Accrued Liabilities Disclosure [Text Block]
8.
accounts payable and accrued expenses
  
Accounts payable and accrued expenses are summarized as follows:
 
 
 
September 30,
 
December 31,
 
 
 
2014
 
2013
 
 
 
 
 
 
 
Accounts payable
 
$
3,321,355
 
$
1,676,145
 
Accrued taxes (VAT, GST, Sales)
 
 
1,722,354
 
 
636,568
 
Accrued income taxes
 
 
38,027
 
 
15,776
 
Accrued interest
 
 
286,870
 
 
97,384
 
 
 
$
5,368,606
 
$
2,425,873