INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2013

INCOME TAXES [Abstract]

Schedule of Deferred Tax Assets (Liabilities)

The deferred tax assets (liabilities) and associated valuation allowance at December 31, 2013 and 2012, are as follows:

	2013			2012
Current assets:
Stock based compensation	$	156,993		$	22,337
		156,993			22,337
Non-current assets:
Net operating loss carryforwards		778,782			685,774
		935,775			708,111
Valuation allowance		(935,775	)		(708,111	)
Net deferred tax assets	$	-		$	-

Schedule of Income Tax Benefit

No income tax benefit was recognized for the years ended December 31, 2013 and 2012, as indicated below:

	2013			2012
Deferred tax benefit:
Federal	$	209,205		$	581,082
State		18,459			50,529
		227,664			631,611
Increase in valuation allowance		(227,664	)		(631,611	)
	$	-		$	-

Schedule of the Reconciliation of Income Taxes

A reconciliation of income tax computed at the U.S. statutory tax rate of 34% to the effective income tax rate is as follows:

	2013			2012
Statutory rate		34	%		34	%
State taxes		3			3
Permanent differences and other		(10	)		(12	)
Valuation allowance		(27	)		(25	)
Effective rate		-			-