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STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2012
Investor, Placement Agent1 and Placement Agent2 Warrants [Member]
 
Schedule of Fair Value of Warrants [Table Text Block]
               The following tables reflect assumptions used to determine the fair value of the Warrants:

 

          April-June 2011     December 2011  
   

Fair

Value
Hierarchy

Level

    Investor Warrants     Placement Agent
Warrants
   

Placement

Agent
Warrants

 
                         
Indexed shares             5,256,800       788,520       788,520  
Exercise price           $ 1.60     $ 1.60     $ 1.25  
                                 
Significant assumptions:                                
Stock price   3     $ 0.906     $ 0.906     $ 0.906  
Remaining term   3       6 years       6 years       6 years  
Risk free rate   2       2.49 %     1.12 %     1.12 %
Expected volatility   3       53.55 %     54.21 %     54.21 %
Acueity Warrants [Member]
 
Schedule of Fair Value of Warrants [Table Text Block]

The Acueity Warrants were valued at $762,353 or $2.3457 per warrant. The following tables reflect assumptions used to determine the fair value of the Warrants:

 

    Fair
Value
Hierarchy
    September 2012  
    Level     Acueity Warrants  
             
Indexed shares             325,000  
Exercise price           $ 5.00  
                 
Significant assumptions:                
Stock price     3     $ 5.00  
Remaining term     3       5 years  
Risk free rate     2       0.62 %
Expected volatility     3       56.54 %