Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (USD $)
 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
NET LOSS $ (3,265,639) $ (138,022) $ (3,938,712) $ (268,035)
OTHER COMPREHENSIVE (LOSS) INCOME, NET OF TAX        
Foreign currency translation adjustment (124,584) [1] (71,018) [1] 52,733 [1] (121,408) [1]
COMPREHENSIVE LOSS $ (3,390,223) $ (209,040) $ (3,885,979) $ (389,443)
[1] Net of taxes of $47,345 and $80,939 for the three and nine months ended September 30, 2013, respectively. No tax effect has been recorded in 2014 as the Company recorded a valuation allowance on its foreign currency translation adjustment of $81,657 and $141,945 for the three and nine months ended September 30, 2014.