Quarterly report pursuant to Section 13 or 15(d)

BASIS OF PRESENTATION (Tables)

v2.4.0.8
BASIS OF PRESENTATION (Tables)
 6 Months Ended
Jun. 30, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Restatement to Prior Year Cash Flows [Table Text Block]
Accordingly, the Company has restated certain amounts in the statement of cash flows for the six months ended June 30, 2013 as follows:
  
Line Item
 
As Previously Reported
 
Adjustment
 
As Restated
 
 
 
 
 
 
 
 
 
 
 
 
Operating activities:
 
 
 
 
 
 
 
 
 
 
Changes in operating assets and liabilities:
 
 
 
 
 
 
 
 
 
 
Other assets
 
$
(182,551)
 
$
240,000
 
$
57,449
 
Net cash provided by operating activities
 
$
48,618
 
$
240,000
 
$
288,618
 
 
 
 
 
 
 
 
 
 
 
 
Financing activities:
 
 
 
 
 
 
 
 
 
 
IPO-related costs
 
$
-
 
$
(240,000)
 
$
(240,000)
 
Net cash provided by financing activities
 
$
627,310
 
$
(240,000)
 
$
387,310