PREPAID EXPENSES AND OTHER ASSETS (Tables)

9 Months Ended

Sep. 30, 2014

PREPAID EXPENSES AND OTHER ASSETS [Abstract]

Schedule of prepaid expenses and other assets

 Prepaid expenses and other assets consist of:

	September 30,2014		December 31, 2013
Prepaid investor relations services	$	162,000		$	—
Prepaid accounting fees		550			—
Interest receivable		25,900			—
	$	188,450		$	—