v2.4.0.8

7. Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2014

Related Party Transactions [Abstract]

Schedule of Related Party Transactions [Table Text Block]

		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

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- Definition

Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, 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.

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