Quarterly report pursuant to Section 13 or 15(d)

LOANS PAYABLE

v3.2.0.727
LOANS PAYABLE
6 Months Ended
Jun. 30, 2015
Loans Payable [Abstract]  
Debt Disclosure [Text Block]
9.
LOANS PAYABLE
 
Loans payable of $100,000 at December 31, 2014 consists of a note payable to a single independent lender. The note was dated March 7, 2014, bore interest at 8% per annum and was payable on demand. On April 21, 2015 the Company repaid the remaining principal and interest balances on this note of $100,000 and $11,233, respectively.