INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill [Table Text Block]

Intangible assets consisted of the following:

	December 31,			December 31,
	2012			2011
Patents	$	4,704,853		$	-
Software		50,466			50,466
Less: Accumulated amortization		(115,095	)		(9,625	)
	$	4,640,224		$	40,841

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

Future estimated amortization expenses as of December 31, 2012 for the five succeeding years is as follows:

As of December 31,	Amounts
2013	$	374,415
2014		364,790
2015		357,593
2016		357,593
2017		357,593
Thereafter		2,828,240
	$	4,640,224