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Subsequent Events

3 Months Ended

Mar. 31, 2015

Subsequent Events [Abstract]

Subsequent Events [Text Block]

13. Subsequent Events

On April 30, 2015, the Company announced: 1) the appointment of Murray Gross as a Director and Chairman of the Board, 2) the resignation of A. Michael Chretien and Thomas D. Moss as Directors of the Company, 3) the adoption of the 2015 Equity Incentive Plan (the ”Plan”), with a total of 2,000,000 shares of common stock of the Company authorized and reserved for issuance under the Plan, and 4) the grant of options to Murray Gross (640,000 options) and Sophie Pibouin (128,000 options), subject to certain vesting requirements.  For more details, see the Company’s Current Report on 8-K, dated April 30, 2015.

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The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

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