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Deferred Compensation
6 Months Ended
Jun. 30, 2012
Compensation Related Costs [Abstract]  
Compensation Related Costs, General [Text Block]

9. Deferred Compensation

 

Deferred compensation consists of accumulated compensation earned by the Company’s two founders and the President and CEO and not paid as of June 30, 2012 and December 31, 2011. Pursuant to the Company’s employment agreements with the founders, the Company has agreed to pay $215,012 deferred compensation in cash to these founders on March 31, 2015.