RELATED PARTY TRANSACTIONS (Tables)

9 Months Ended

Sep. 30, 2012

Related Party Transactions [Abstract]

Schedule of Related Party Transactions [Table Text Block]

Notes payable – related parties – consists of the following as of September 30, 2012:

Promissory note payable to the Chief Executive Officer of the Company, unsecured, bearing interest at 7.5% per annum, due in monthly principal and interest payments of $7,050, maturing on August 1, 2013.	$	205,104
Less amounts due within one year		205,104
Long-term portion of notes payable – related parties	$	—

Notes payable – related parties – consists of the following as of December 31, 2011:

Promissory note payable to the Chief Executive Officer of the Company, unsecured, bearing interest at 7.5% per annum, due in monthly principal and interest payments of $7,050, maturing on August 1, 2013.	$	249,433
Less amounts due within one year		41,854
Long-term portion of notes payable – related parties	$	207,579

Schedule Of Related Party Principal Payments Table [Text Block]

As of September 30, 2012, principal payments on the notes payable – related parties are as follows:

2012	$	163,250
2013		41,854
2014		—
2016		—
2016		—
Thereafter		—
	$	205,104

Schedule Of Other Liabilities And Accrued Interest Related Party Table [Text Block]

Other liabilities and accrued interest– related parties consists of the following at:

	September 30, 2012		December 31, 2011
Accrued interest on Notes payable – related parties	$	144	$	2,973
BOD fee payable to non-employee		22,500		—
Accounts payable due Pompano Dive Center		9,206
Due to Principals of Carleigh Rae Corp., net		6,017		6,017
Other liabilities – related parties	$	37,867	$	8,990