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SUBSEQUENT EVENTS

12 Months Ended

Dec. 31, 2014

Subsequent Events [Abstract]

Subsequent Events [Text Block]

14. SUBSEQUENT EVENTS

On January 14, 2015, the Company completed an underwritten public offering of 4,857,143 shares of its common stock, offered to the public at $1.75 per share. Total net proceeds to the Company from this offering after underwriter discounts and commissions were approximately $7,845,000.

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