EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2014

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Three months ended		Six months ended
	Jun 30, 2014	Jun 30, 2013	Jun 30, 2014	Jun 30, 2013
Company posted	Net loss	Net loss	Net loss	Net loss
Basic weighted average shares outstanding	172,592,292	172,592,292	172,592,292	172,592,292
Dilutive effect of common stock equivalents:
- stock options and non-vested stock under       employee compensation plans	-	-	-	-
Diluted weighted average shares outstanding	172,592,292	172,592,292	172,592,292	172,592,292

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

	Three months ended		Six months ended
Stock equivalent	Jun 30, 2014	Jun 30, 2013	Jun 30, 2014	Jun 30, 2013
Options	12,100,000	14,100,000	12,100,000	14,100,000
Warrants	-	44,450,000	-	44,450,000
Total	12,100,000	58,550,000	12,100,000	58,550,000