Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Deficiency (Tables)

v2.4.0.8
Stockholders' Deficiency (Tables)
9 Months Ended
Sep. 30, 2014
Stockholders' Equity Note [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of the warrant activity during the nine months ended September 30, 2014 is presented below:
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
Weighted
Average
 
 
 
 
 
 
 
Average
Remaining
 
 
 
 
 
Number of
 
Exercise
Life
 
Intrinsic
 
 
 
Warrants
 
Price
In Years
 
Value
 
 
 
 
 
 
 
 
 
 
Outstanding, December 31, 2013
 
2,812,498
 
$
0.21
 
 
 
 
 
 
 
Granted
 
6,090,661
 
 
0.75
 
 
 
 
 
 
 
Exercised
 
(400,000)
 
 
0.75
 
 
 
 
 
 
 
Forfeited
 
-
 
 
-
 
 
 
 
 
 
 
Outstanding, September 30, 2014
 
8,503,159
 
$
0.57
 
 
4.9
 
$
815,490
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable, September 30, 2014
 
6,459,324
 
$
0.75
 
 
4.5
 
$
-
 
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
The following table presents information related to stock warrants at September 30, 2014:
 
Warrants Outstanding
 
Warrants Exercisable
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
Outstanding
 
Average
 
Exercisable
 
Exercise
 
Number of
 
Remaining Life
 
Number of
 
Price
 
Warrants
 
In Years
 
Warrants
 
 
 
 
 
 
 
 
 
 
 
 
 
$
0.001
 
 
2,043,835
 
 
-
 
 
-
 
$
0.750
 
 
6,459,324
 
 
4.5
 
 
6,459,324
 
 
 
 
 
8,503,159
 
 
4.5
 
 
6,459,324