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DISCONTINUED OPERATIONS (Tables) | 12 Months Ended
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Dec. 31, 2013
Discontinued Operations and Disposal Groups [Abstract] |
Schedule Of Disposal Groups Including Discontinued Operations Income Statement [Table Text Block] | Summarized results of the Company’s discontinued operations are as follows:
|  | Year ended December 31, |
|  | 2013 |  | 2012 |
Revenues |  | $ | 14,484 |  | $ | 27,630 |
Loss Before Income taxes |  |  | (1,339,646) |  |  | (3,335,780) |
Income Tax Benefit |  |  | - |  |  | 35,955 |
Net Loss from Discontinued Operations |  | $ | (1,339,646) |  | $ | (3,299,825) |
Schedule Of Disposal Groups Including Discontinued Operations Balance Sheet [Table Text Block] | As of December 31, 2013, there were no assets or liabilities of discontinued operations because the entities were divested on September 25, 2013. As of December 31, 2012, the aggregate components of assets and liabilities classified as discontinued operations and included in current assets and current liabilities consisted of the following:
|  | December 31 |
|  | 2012 |
Cash |  | $ | 32,950 |
Other Current Assets |  |  | 29,056 |
Net Fixed Assets |  |  | 29,258 |
Due from related parties |  |  | - |
Intangible assets |  |  | 101,196 |
Total Assets |  | $ | 192,460 |
Accounts Payable and Accrued Expenses |  |  | 87,419 |
Due to related parties |  |  | 135,693 |
Total Liabilities |  | $ | 223,112 |
Net assets (deficit) of discontinued operations |  | $ | (30,652) |

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- Definition Tabular disclosure of disposal groups, which may include the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. + References No definition available. + Details
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- Definition Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations. + References No definition available. + Details
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- Details
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