CONVERTIBLE NOTE PAYABLE, AT FAIR VALUE (Tables)

3 Months Ended

Jun. 30, 2012

Fair Value Disclosures [Abstract]

Fair values of convertible notes payable

	For the Six Months				For the Six Months
	June 30,				June 30,
	2012				2011
Interest expense recorded upon issuance of the convertible note payable		$	(237,687	)		$	--
Interest recapture on fair value re-measurement of the convertible note payable			283,873				20,277
		$	46,186			$	20,277

The following tables summarize the effects on earnings associated with changes in the fair values of the convertible note payable, at fair value for the three months ended June 30, 2012 and 2011:  

	For the Three Months				For the Three Months
	June 30,				June 30,
	2012				2011
Interest expense recorded upon issuance of the convertible note payable		$	(221,215	)		$	--
Interest recapture on fair value re-measurement of the convertible note payable			271,241				(14,011	)
		$	50,026			$	(14,011	)