SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details1) (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2014 Fair Value, Inputs, Level 3 [Member]
Fair value at beginning of period		$ 2,549,196
Issuance of derivative warrant liability	2,205,660
Modification and reclassification of outstanding warrants		114,923
Change in fair value	(55,576)	123,199
Fair value at end of period	$ 2,150,084	$ 2,787,318