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Related Party Transactions	9 Months Ended
Sep. 30, 2013
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	(3) RELATED PARTY TRANSACTIONS At September 30, 2013, the Company had loans and notes outstanding from a shareholder in the aggregate amount of $339,245, which represents amounts loaned to the Company to pay the Company’s expenses of operation. The notes bear interest at 6% per annum and are due on December 31, 2013. The Company intends to settle the debts owed to the related parties through the payment of cash, equity or a combination thereof. The Company recorded interest expense on the Note for the three and nine-month periods ended September 30, 2013 in the amounts of $4,896 and $14,240, respectively. As of September 30, 2013, the Company had recorded an aggregate of $56,621 interest expense on the Note, none of which has been paid. Pursuant to a Services Agreement with Fountainhead Capital Management Limited (“FHM”), a shareholder who holds approximately 83.68% of the Company’s issued and outstanding common stock. The Company is obligated to pay FHM a quarterly fee of $10,000 on the first day of each calendar quarter commencing October 1, 2007 and ending December 31, 2013. Total fees paid during the three and nine months ended September 30, 2013 were $10,000 and $30,000, respectively.

Related Party Transactions

9 Months Ended

Sep. 30, 2013

(3) RELATED PARTY TRANSACTIONS

At September 30, 2013, the Company had loans and notes outstanding from a shareholder in the aggregate amount of $339,245, which represents amounts loaned to the Company to pay the Company’s expenses of operation. The notes bear interest at 6% per annum and are due on December 31, 2013.

The Company intends to settle the debts owed to the related parties through the payment of cash, equity or a combination thereof.

The Company recorded interest expense on the Note for the three and nine-month periods ended September 30, 2013 in the amounts of $4,896 and $14,240, respectively. As of September 30, 2013, the Company had recorded an aggregate of $56,621 interest expense on the Note, none of which has been paid.

Pursuant to a Services Agreement with Fountainhead Capital Management Limited (“FHM”), a shareholder who holds approximately 83.68% of the Company’s issued and outstanding common stock. The Company is obligated to pay FHM a quarterly fee of $10,000 on the first day of each calendar quarter commencing October 1, 2007 and ending December 31, 2013. Total fees paid during the three and nine months ended September 30, 2013 were $10,000 and $30,000, respectively.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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