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7 - SHARE BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] The option activity during the three months ended March 31, 2016 is as follows:

   
Number of Shares
   
Weighted Average Exercise Price
   
Weighted Average Years Remaining Contractual Term
   
Aggregate Intrinsic Value
 
                         
Outstanding at December 31, 2015
   
456,000
   
$
1.20
     
4.3
   
$
17,000
 
  Grants
   
-
                         
  Forfeited
   
-
                         
Outstanding at March 31, 2016
   
456,000
     
1.20
     
4.1
   
$
13,200
 
Exercisable at March 31, 2016
   
320,333
   
$
1.28
     
3.2
   
$
2,400