RELATED PARTY TRANSACTIONS (Details Narrative) (USD $)
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12 Months Ended | 0 Months Ended | 1 Months Ended | |
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Dec. 31, 2013
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Dec. 31, 2012
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Aug. 16, 2013
Former Director [Member]
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Apr. 25, 2012
Chief Financial Officer [Member]
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Common stock repurchased from related parties, Shares | 15,112 | 27,757 | ||
Share price | $ 1.78 | $ 1.35 | ||
Common stock repurchased from related parties, Value | $ 1,497,000 | $ 880,000 | $ 26,824 | $ 37,472 |
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- Definition
Price of a single share of a number of saleable stocks of a company. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of shares that have been repurchased and retired during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Equity impact of the value of stock that has been repurchased and retired during the period. The excess of the purchase price over par value can be charged against retained earnings (once the excess is fully allocated to additional paid in capital). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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