Quarterly report pursuant to Section 13 or 15(d)

NOTE 3 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)

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NOTE 3 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)
6 Months Ended
Jun. 30, 2014
Payables and Accruals [Abstract]  
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block] Accounts payable and accrued expenses at June 30, 2014 and December 31, 2013 consist of the following:

   
June 30,
2014
   
December 31,
2013
 
Accrued accounting and legal
 
$
194,271
   
$
300,893
 
Accrued reimbursements
   
9,898
     
17,797
 
Accrued consulting
   
102,337
     
214,481
 
Accrued research and development expenses
   
30,639
     
64,670
 
Accrued credit card obligations
   
18,243
     
20,425
 
Accrued payroll
   
-
     
35,896
 
Accrued liquidated damages
   
55,620
     
48,668
 
Accrued office and other
   
41,079
     
16,500
 
Accrued settlement related to arbitration
   
100,000
     
100,000
 
   
$
552,087
   
$
819,330