EQUITY (Tables)

3 Months Ended

Mar. 31, 2013

EQUITY [Abstract]

Schedule of Fair Value Assumptions

	2013
Risk free interest rate	0.79%
Expected volatility	105%
Expected term	2-5 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, 2013		660,368		$	-			$	-
Granted		90,000		$	1.50		4.75	$	2,700
Exercised		(66,035	)	$	-		-	$	-
Forfeited/cancelled		-		$	-		-	$	-
Outstanding at March 31, 2013		684,333		$	0.21		4.56	$	903,074
Exercisable at March 31, 2013		45,000		$	1.50		4.70	$	1,350

Schedule of Nonvested Share Activity

				Weighted
				average
	Number of			grant date
	options			fair value
Non-vested options outstanding at January 1, 2013		594,333		$	-
Granted		90,000		$	0.96
Vested		(45,000	)	$	0.96
Forfeited/cancelled		-		$	-
Non-vested options outstanding at March 31, 2013		639,333		$	1.45