PREPAID EXPENSES (Tables)

3 Months Ended

Mar. 31, 2013

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]

Prepaid expenses consisted of the following:

	March 31, 2013		December 31, 2012
Prepaid stock purchase agreement service fee	$	2,307,925	$	-
Prepaid insurances		98,706		62,551
Prepaid hardware/software maintenance and support service fee		78,385		20,000
Prepaid payroll taxes		36,082		40,082
	$	2,521,098	$	122,633