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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details1) - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Fair value at beginning of period   $ 2,549,196
Issuance of derivative warrant liability    
Modification and reclassification of outstanding warrants   $ 114,923
Change in fair value   (625,165)
Fair value at end of period   $ 3,289,284
Fair Value, Inputs, Level 3 [Member]    
Fair value at beginning of period $ 1,354,319  
Issuance of derivative warrant liability    
Modification and reclassification of outstanding warrants    
Change in fair value $ (274,024)  
Fair value at end of period $ 628,343