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SUPPLEMENTAL SCHEDULE OF NON-CASH ACTIVITIES
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9 Months Ended |
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Sep. 30, 2014
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| Supplemental Cash Flow Elements [Abstract] | |
| Cash Flow, Supplemental Disclosures [Text Block] |
SUPPLEMENTAL SCHEDULE OF NON-CASH ACTIVITIES
For the nine months ended September 30, 2014:
a) In connection with the acquisition of ESC, the Company issued ESC, Inc. a promissory note in the aggregate principal amount of $350,000 and the fair value of the assets was recorded at $350,000.
b) The Company issued 159,939 shares of common stock with a fair value of $20,792 for repayment of accrued liabilities of $20,792.
For the nine months ended September 30, 2013:
a) The Company incurred approximately $45,383 in capital lease obligations.
b) The Company issued 210,526 shares of common stock in a cashless exercise of warrants for 250,000 shares at an exercise price of $0.03 per share.
c) The Company issued 215,517 shares of common stock with a fair value of $25,000 for repayment of accrued liabilities in the amount of $25,000.
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