Quarterly report pursuant to Section 13 or 15(d)

NOTE 7: EQUITY TRANSACTIONS (Tables)

v3.3.1.900
NOTE 7: EQUITY TRANSACTIONS (Tables)
3 Months Ended
Mar. 31, 2015
Stockholders' Equity Note [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] A summary of stock option activity for the three months ended March 31, 2015 is as follows:

         
Weighted
 
         
Average
 
   
Options
   
Exercise Price
 
Outstanding - December 31, 2014
   
714,286
   
$
4.68
 
Granted
   
-
     
-
 
Forfeited/canceled
   
-
     
-
 
Exercised
   
-
     
-
 
Outstanding – March 31, 2015
   
714,286
   
$
4.68
 
                 
Exercisable – March 31, 2015
   
714,286
   
$
4.68
 
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block] The following table presents the stock warrant activity during the three months ended March 31, 2015:

         
Weighted
 
         
Average
 
   
Warrants
   
Exercise Price
 
Outstanding - December 31, 2014
   
4,529,434
   
$
0.60
 
Granted
   
-
     
-
 
Forfeited/canceled
   
-
     
-
 
Exercised
   
-
     
-
 
Outstanding – March 31, 2015
   
4,529,434
   
$
0.60
 
                 
Exercisable – March 31, 2015
   
4,529,434
   
$
0.60