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Commitments and Contingencies
6 Months Ended
Jun. 30, 2013
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Disclosure [Text Block]
10. Commitments and Contingencies
 
Employment Agreements
 
The Company has entered into employment agreements with four of its key executives. Under their respective agreements, the executives serve at will and are bound by typical confidentiality, non-solicitation and non-competition provisions.
 
Operating Leases
 
On January 1, 2010, the Company entered into an agreement to lease 6,000 rentable square feet of office space in Columbus, Ohio at a monthly rent of $3,375. The lease commenced on January 1, 2010 and, pursuant to a lease extension dated February 21, 2012, the lease expires on December 31, 2014. The Company has no other leases.
 
Future minimum lease payments under this operating lease are as follows:
 
For the Twelve Months
Ended June 30,
 
Amount
 
2014
 
$
40,500
 
2015
 
 
20,250
 
Total
 
$
60,750
 
 
Rent expense charged to operations for the three months and six months ended June 30, 2013 and 2012 amounted to $10,125 and $20,250, respectively.