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LIABILITY FOR EQUITY-LINKED FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2012

Dec. 31, 2011

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

The inputs to the Black-Scholes model during 2009, 2010, 2011 and 2012 were as follows:

Stock price		$ .08 to $.50
Exercise price		$ .01 to $.65
Expected life		2.0 to 6.5 years
Expected volatility		54% to 68%
Assumed dividend rate		- %
Risk-free interest rate		.13% to 2.97%

The inputs to the Black-Scholes model during 2009, 2010 and 2011 were as follows:

Stock price		$ .08 to $.50
Exercise price		$ .01 to $.65
Expected life		2.0 to 6.5 years
Expected volatility		54% to 68%
Assumed dividend rate		- %
Risk-free interest rate		.13% to 2.97%

Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]

The original valuations, annual gain/(loss) and end of year valuations are shown below:

		Initial Value				Annual Gain (Loss)				Value at 12/31/09				2010 Gain (Loss)				Value at 12/31/10				2011 Gain (Loss)				Value at 12/31/2011				2012 Gain (Loss)				Value at 6/30/2012

January 1, 2009 adoption		$	479,910			$	(390,368	)		$	870,278			$	868,772			$	1,506			$	(88,290	)		$	89,796			$	43,266			$	46,530
Warrants issued in quarter ended 6/30/2009			169,854				20,847				149,007				147,403				1,604				(4,689	)			6,293				6,293				-
Warrants issued in quarter ended 9/30/2009			39,743				(738	)			40,481				40,419				62				(1,562	)			1,624				1,608				16
Warrants issued in quarter ended 12/31/2009			12,698				617				12,081				12,053				28				(724	)			752				556				196
Subtotal			702,205								1,071,847
Warrants issued in quarter ended 3/31/2010			25,553												25,014				539				(5,571	)			6,109				3,209				2,900
Warrants issued in quarter ended 6/30/2010			31,332												30,740				592				(6,122	)			6,714				3,247				3,467
Warrants issued in quarter ended 9/30/2010			31,506												20,891				10,615				(44,160	)			54,775				1,418				53,357
Total		$	790,596			$	(369,642	)		$	1,071,847			$	1,145,292			$	14,946			$	(151,118	)		$	166,063			$	59,597			$	106,466

The original valuations, annual gain (loss) and end of year valuations are shown below:

		Initial Value				Annual Gain (Loss)				Value at 12/31/09				2010 Gain (Loss)				Value at 12/31/10				2011 Gain (Loss)				Value at 12/31/2011
January 1, 2009 adoption		$	479,910			$	(390,368	)		$	870,278			$	868,772			$	1,506			$	(88,290	)		$	89,796
Warrants issued in quarter ended 6/30/2009			169,854				20,847				149,007				147,403				1,604				(4,689	)			6,293
Warrants issued in quarter ended 9/30/2009			39,743				(738	)			40,481				40,419				62				(1,562	)			1,624
Warrants issued in quarter ended 12/31/2009			12,698				617				12,081				12,053				28				(724	)			752
Subtotal		$	702,205							$	1,071,847
Warrants issued in quarter ended 3/31/2010			25,553												25,014				539				(5,571	)			6,109
Warrants issued in quarter ended 6/30/2010			31,332												30,740				592				(6,122	)			6,714
Warrants issued in quarter ended 9/30/2010			31,506												20,811				10,615				(44,160	)			54,775

Total		$	790,596			$	(369,642	)		$	1,071,847			$	1,145,292			$	14,946			$	(151,118	)		$	166,072

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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