EQUITY (Tables)

12 Months Ended

Dec. 31, 2012

EQUITY [Abstract]

Schedule of Fair Value Assumptions

	2012
Risk free interest rate		0.62	%
Expected volatility		105	%
Expected term	5 years
Expected dividend yield		0

Schedule of Stock Option Activity

					Weighted
			Weighted		average
	Shares		average		remaining		Aggregate
	under		exercise		contractual		intrinsic
	option		price		life		value
Outstanding at January 1, 2012		-	$	-			$	-
Granted		660,368	$	0.02		4.75	$	980,591
Exercised		-	$	-		-	$	-
Forfeited/cancelled		-	$	-		-	$	-
Outstanding at December 31, 2012		660,368	$	0.02		4.75	$	980,591
Exercisable at December 31, 2012		66,035	$	0.02		4.75	$	99,058

Schedule of Nonvested Share Activity

				Weighted
				average
	Number of			grant date
	options			fair value
Non-vested options outstanding at January 1, 2012		-		$	-
Granted		660,368		$	0.51
Vested		(66,035	)	$	0.51
Forfeited/cancelled		-		$	-
Non-vested options outstanding at December 31, 2012		594,333		$	0.51