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RELATED PARTY TRANSACTIONS (Tables)
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Jun. 30, 2014
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| Related Party Transactions [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Related Party Transactions [Table Text Block] |
The following table summarizes principal and interest owed to the CEO December 31, 2013. There were no loans payable to the CEO at June 30, 2014.
[1] This note bore interest at 20% because it was denominated in Argentine pesos, which have been subject to significant devaluation in recent years. This note was repaid in full as of June 30, 2014.
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- Details
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- Definition
Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. No definition available.
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