Quarterly report pursuant to Section 13 or 15(d)

Accrued Expenses and Other Current Liabilities (Tables)

v2.4.0.8
Accrued Expenses and Other Current Liabilities (Tables)
6 Months Ended
Jun. 30, 2014
Payables and Accruals [Abstract]  
Schedule of Accrued Liabilities [Table Text Block]
Accrued expenses consist of the following:
 
 
 
As of
 
 
 
June 30, 2014
 
December 31, 2013
 
Accrued interest payable
 
$
-
 
$
207,945
 
Accrued compensation
 
 
151,548
 
 
19,894
 
Other accrued expenses
 
 
-
 
 
15,784
 
Total
 
$
151,548
 
$
243,623