v2.4.0.8

7. Related Party Transactions | 6 Months Ended
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Jun. 30, 2014
Related Party Transactions [Abstract] |
Related Party Transactions Disclosure [Text Block] | 7. Related Party Transactions Related party transactions included the following:
|  | Three months ended June 30, 2014 (unaudited) |  |  | Three months ended June 30, 2013 (unaudited) |  |  | Six months ended June 30, 2014 (unaudited) |  |  | Six months ended June 30, 2013 (unaudited) |
Interest expense: |  |  |  |  |  |  |  |  |  |  |  |
Promissory notes issued to relatives of the Chairman |  | $ | 76,557 |  |  | $ | 76,557 |  |  | $ | 153,113 |  |  | $ | 153,113 |
Lines of credit from Chairman and relatives of the Chairman |  |  | 182,553 |  |  |  | 139,893 |  |  |  | 353,180 |  |  |  | 265,777 |
General, selling and administration: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Consulting fees to a Company controlled by director of the Company in his role as a consultant to the Company |  |  | 39,000 |  |  |  | 31,500 |  |  |  | 70,500 |  |  |  | 63,000 |
Consulting services rendered by an individual who is a director and officer of the Company |  |  | 47,400 |  |  |  | 47,400 |  |  |  | 94,800 |  |  |  | 94,800 |
Except as discussed in the next paragraph, all transactions with related parties were incurred in the normal course of operations and measured at the exchange amount, which is the amount of consideration established and agreed upon by the transacting parties. Interest on promissory notes payable to related parties, management compensation and compensation paid to a relative of a director have been recorded at the exchange amount, which is the amount agreed to by the parties. Options granted to related parties have been recorded at their estimated fair value. Included in accounts payable is $20,956 (2013: $Nil) due to a company controlled by a Director and Officer of the Company.

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph b -Article 3A Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(k)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph k -Article 4 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864 + Details
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