FINANCE CONTRACTS PAYABLE	12 Months Ended
Dec. 31, 2014
Payables and Accruals [Abstract]
FINANCE CONTRACTS PAYABLE	NOTE 8 - FINANCE CONTRACTS PAYABLE During 2013 and 2012, the Company financed the acquisition of its liability and directors and officers insurance through finance contracts in the amounts of $44,000 and $13,515, respectively. The loans bore annual interest of 8.99 % and each required nine equal monthly payments of $5090 and $1,568, respectively. As of December 31, 2013, the balance on these loans amounted to $43,859. During 2012, the Company financed the acquisition of its liability insurance through a finance contract in the amount of $57,440. The loan bore annual interest of 4.77% and required seven equal monthly payments of $9,558. This amount was fully paid in June 2013.

FINANCE CONTRACTS PAYABLE

12 Months Ended

Dec. 31, 2014

NOTE 8 - FINANCE CONTRACTS PAYABLE

During 2013 and 2012, the Company financed the acquisition of its liability and directors and officers insurance through finance contracts in the amounts of $44,000 and $13,515, respectively. The loans bore annual interest of 8.99 % and each required nine equal monthly payments of $5090 and $1,568, respectively. As of December 31, 2013, the balance on these loans amounted to $43,859.

During 2012, the Company financed the acquisition of its liability insurance through a finance contract in the amount of $57,440. The loan bore annual interest of 4.77% and required seven equal monthly payments of $9,558. This amount was fully paid in June 2013.