COMMITTMENTS (Tables)

12 Months Ended

Dec. 31, 2012

COMMITTMENTS [Abstract]

Future minimum annual rental payments and sub-lease income

The future minimum annual rental payments and sub-lease income for the years ended December 31 under the lease terms are as follows:

Year Ended	Rentals
2013	$	190,250
2014		65,250
2015		-
2016		-
2017		-
	$	255,500