Annual report pursuant to Section 13 and 15(d)

SUBSEQUENT EVENTS

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SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2014
Subsequent Events [Abstract]  
Subsequent Events [Text Block]
18.
SUBSEQUENT EVENTS
 
Management has evaluated all subsequent events to determine if events or transactions occurring the 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 8.7794 8.5411 and 6.5049 at March 25, December 31, 2014, and December 31, 2013, respectively.
 
Proceeds from the sale of common stock
 
During the first quarter of 2015, the Company sold 622,215 shares of its common stock for proceeds of $1,244,430.