Annual report pursuant to Section 13 and 15(d)


12 Months Ended
Dec. 31, 2015
Subsequent Events [Abstract]  
Subsequent Events [Text Block]
Management has evaluated all subsequent events to determine if events or transactions occurring through the date that the consolidated financial statements were issued, require adjustment to or disclosure in the consolidated financial statements.
Foreign Currency Exchange Rates
The Argentine Peso to United States Dollar exchange rate was 14.4284, 12.9441 and 8.5411 at March 25, December 31, 2015 and December 31, 2014, respectively.
Sale of Common Stock
During the period from January 1, 2016 through March 25, 2016, the Company sold 976,644  shares of its common stock for gross proceeds of $2,441,610.
Entry Into a Material Agreement
On or about January 11, 2016, the Company entered into an agreement with Maxim Group LLC (“Maxim”) to provide general financial advisory and investment banking services to the Company. Pursuant to the terms of the agreement, Maxim will receive a monthly fee of $7,500 for the duration of the agreement, which may be terminated by either party after six months, provided that 30 days’ written notice be provided. In connection with that agreement, the Company issued 350,000 shares of common stock with a grant date value of $2.50 per share to Maxim.