v2.4.0.8

7. Related Party Transactions (Tables)

9 Months Ended

Sep. 30, 2014

Related Party Transactions [Abstract]

Schedule of Related Party Transactions [Table Text Block]

		Three months ended September 30, 2014 (unaudited)				Three months ended September 30, 2013 (unaudited)				Nine months ended September 30, 2014 (unaudited)				Nine months ended September 30, 2013 (unaudited)
Interest expense:
Promissory notes issued to relatives of the Chairman		$	76,557			$	76,557			$	229,670			$	229,670
Lines of credit from Chairman and relatives of the Chairman			194,069				182,817				547,249				418,594
General, selling and administration:
Consulting fees to a Company controlled by director of the Company in his role as a consultant to the Company			45,000				31,500				119,500				94,500
Consulting services rendered by an individual who is a director and officer of the Company			47,400				47,400				142,200				142,200

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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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