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NOTES PAYABLE | 12 Months Ended
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Dec. 31, 2012
Notes Payable [Abstract] |
Notes Payable [Text Block] |
9. | NOTES PAYABLE
In connection with the Positive Access acquisition, the Company issued notes to the principals totaling $600,000, payable $400,000 at August 31, 2010 and $200,000 at August 31, 2011. The notes payable were initially recorded in the financial statements net of deferred debt discount of $40,000. The deferred debt discount was amortized on a straight line basis, which approximated the effective interest method. Total interest expense of $0 and $6,667 was recorded in the years ended December 31, 2012 and 2011, respectively. The notes have a balance of $0 as of December 31, 2012 and 2011.

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