CONVERTIBLE NOTES PAYABLE (Tables)

12 Months Ended

Dec. 31, 2012

CONVERTIBLE NOTES PAYABLE [Abstract]

Summary of Notes Payable Activity

Below is a table summarizing the notes payable activity for the years ended December 31, 2012 and 2011.

						Converted									Converted
						into									into
				Principal		Common					New		Principal		Common
Year Issued	12/31/2010			Payments		Stock		12/31/2011			Borrowings		Payments		Stock		12/31/2012
2008	$	500,000		$	100,000	$	300,000	$	100,000		$	-	$	-	$	100,000	$	-
2009		3,697,000			60,000		3,637,000		-			-		-		-		-
2010		1,816,000			-		496,000		1,320,000			-		-		1,320,000		-
2012		-			-		-		-			200,000				200,000		-
	$	6,013,000		$	160,000	$	4,433,000	$	1,420,000		$	200,000	$	-	$	1,620,000	$	-
Debt discount		(2,660,015	)						(38,311	)								-
Total	$	3,352,985						$	1,381,689								$	-