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Commitments and Contingencies
3 Months Ended
Mar. 31, 2014
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.
 
Future minimum lease payments under this operating lease are as follows:
 
For the Twelve Months Ending
March 31,
 
Amount
 
2014
 
$
30,375
 
Total
 
$
30,375
 
 
Rent expense charged to operations for the three months ended March 31, 2014 and 2013 amounted to $10,125 and $10,125, respectively.