Quarterly report pursuant to Section 13 or 15(d)

Warrant Payable (Details Textual)

v2.4.0.8
Warrant Payable (Details Textual) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Dec. 31, 2013
Warrant Payable [Line Items]          
Business Acquisition, Share Price $ 1.58   $ 1.58    
Warrants payable $ 247,800   $ 247,800   $ 1,216,000
Fair value assumptions, expected volatility rate     84.00%    
Fair value assumptions weighted average interest rate     0.11%    
Fair value assumptions, expected term     1 year    
Fair value assumptions, expected dividend rate     0.00%    
Gain on change in fair value of derivative warrant liability $ 474,800 $ 0 $ 968,200 $ 0