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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2012
GOODWILL AND INTANGIBLE ASSETS  
Schedule of costs are being amortized

 

 
  2012   2011   2010  

Capitalized Licensing Fees

  $ 1,070,126   $ 1,070,126   $ 375,005  

Accumulated Amortization

    (403,382 )   (236,353 )   (208,348 )
               

Capitalized Licensing Fees, Net of Amortization

  $ 666,744   $ 833,773   $ 166,657  
               

Amortization Expense

  $ 167,029   $ 28,005   $ 47,299