LIABILITY FOR EQUITY-LINKED FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2013

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, 2012 and 2013 were as follows:

Stock price		$ .35 to $.50
Exercise price		$ .13 to $.50
Expected life		.01 to 2.2 years
Expected volatility		54% to 66%
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:

	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 12/31/2012		2013 Gain (Loss)		Value at 6/30/2013

January 1, 2009 adoption	$	870,278	$	868,772	$	1,506	$	(88,290)	$	89,796	$	(21,856)	$	111,652	$	82,481	$	29,171
Warrants issued in quarter ended 6/30/2009		149,007		147,403		1,604		(4,689)		6,293		6,293		-		-		-
Warrants issued in quarter ended 9/30/2009		40,481		40,419		62		(1,562)		1,624		910		714		679		35
Warrants issued in quarter ended 12/31/2009		12,081		12,053		28		(724)		752		78		337		-		337

Warrants issued in quarter ended 3/31/2010				25,014		539		(5,571)		6,109		3,701		2,408		2,408		-
Warrants issued in quarter ended 6/30/2010				30,740		592		(6,122)		6,714		6,083		631		631		-
Warrants issued in quarter ended 9/30/2010				20,811		10,615		(44,160)		54,775		1,338		53,437		2,474		50,963
Total	$	1,071,847	$	1,145,212	$	14,946	$	(151,118)	$	166,063	$	(3,453)	$	169,179	$	86,673	$	80,506

- Definition

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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- Definition

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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