Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Notes Payable (Tables)

v2.4.1.9
Note 6 - Notes Payable (Tables)
 3 Months Ended
Mar. 31, 2015
Notes Tables  
Assumptions Used in Calculating Fair Value of Warrants Issued [Table Text Block]
Dividend yield
       0%    
Expected Volatility
     47.5% - 47.7%  
Risk free Interest rates
     1.73% - 1.76%  
Expected life (in years)
       5.0    
Schedule of Maturities of Long-term Debt [Table Text Block]
Years ending December 31,
 
 
 
 
2015
   $ -  
2016
     4,289,445  
2017
     -  
2018
     -  
2019
     3,725,000  
Thereafter
     3,000,000  
Total scheduled principal payments
     11,014,445  
Less unamortized discounts at March 31, 2015
     (3,226,112 )
    $ 7,788,333