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LOSS PER SHARE (Details) (USD $)
3 Months Ended 9 Months Ended 12 Months Ended 116 Months Ended 125 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Sep. 30, 2012
Numerator:                
Net loss available in basic and diluted calculation $ (2,855,775) $ (654,114) $ (5,704,855) $ (1,518,933) $ (4,486,879) $ (1,352,709) $ (11,868,956) $ (17,573,810)
Denominator:                
Weighted average common shares outstanding-basic (in shares) 79,467,603 27,236,303 55,370,243 22,193,681 24,282,433 12,771,683 5,805,714 9,608,160
Effect of diluted stock options and warrants (1)   0 [1] 0 [1]   0 [2] 0 [2] 0 [2]  
Weighted average common shares outstanding-diluted (in shares) 79,467,603 27,236,303 55,370,243 22,193,681 24,282,433 12,771,683 5,805,714 9,608,160
Loss per common share-basic and diluted (in dollars per share) $ (0.04) $ (0.02) $ (0.10) $ (0.07) $ (0.18) $ (0.11) $ (2.04) $ (1.83)
[1] The number of shares underlying options and warrants outstanding as of September 30, 2012 and September 30, 2011 are 45,250,929and 31,298,440 respectively. The effect of the shares that would be issued upon exercise of such options and warrants has been excluded from the calculation of diluted loss per share because those shares are anti-dilutive.
[2] The number of shares underlying options and warrants outstanding as of December 31, 2011 and December 31, 2010 are 32,679,862 and 14,169,143, respectively. The effect of the shares that would be issued upon exercise of such options and warrants has been excluded from the calculation of diluted loss per share because those shares are anti-dilutive.