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NET LOSS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

The following potentially dilutive securities have been excluded from the computation of diluted net loss per share since their inclusion would be antidilutive:

 

  Nine Months Ended September 30,
(unaudited)
  Twelve Months Ended
December 31,
  Cumulative
Development-
Stage Period
from November
7, 2002
(inception)
through
December 31,
 
  2012  2011  2011  2010  2011 
Convertible debt           3,646,370    
Warrants  23,767,459   7,327,322   17,403,989      17,403,989 
Stock options  4,675,754   3,632,638   4,827,638   769,189   4,827,638