INVESTMENTS IN NON-MARKETABLE EQUITY SECURITIES (Tables)

9 Months Ended

Sep. 30, 2014

INVESTMENTS IN NON-MARKETABLE EQUITY SECURITIES [Abstract]

Schedule of Fair Value Assumptions Used to Value Warrants

The WMD warrants were recorded at $0.10 per warrant utilizing the Black Scholes option pricing model and the following assumptions during the nine months ended September 30, 2014:

Risk free interest rate	0.60	%
Expected term (years)	0.5
Expected volatility	70	%
Expected dividends	0	%