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Note 13 - Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2014

Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]

	March 31, 2014
	Fair Value Measurements Using						Assets at
	Level 1		Level 2		Level 3		Fair Value

Derivative instrument liability	$	—	$	905,951	$	—	$	905,951
Total Liabilities	$	—	$	905,951	$	—	$	905,951

	December 31, 2012
	Fair Value Measurements Using						Assets at
	Level 1		Level 2		Level 3		Fair Value

Derivative instrument liability	$	—	$	491,098	$	—	$	491,098
Total Liabilities	$	—	$	491,098	$	—	$	491,098

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

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