INCOME (LOSS) PER COMMON SHARE (Tables)

3 Months Ended

Mar. 31, 2016

Income (Loss) from Operations before Extraordinary Items, Per Basic and Diluted Share [Abstract]

Number of shares used to compute fully diluted earnings per share

	2016		2015
Common share equivalents of Series A Convertible Preferred Stock		11,664		11,664
Common share equivalents of Series C Convertible Preferred Stock		2,000,000		20,000
Common share equivalents of Series D Convertible Preferred Stock		3,000		1,000
Convertible Promissory Notes Payable		3,991,667		74,167
Due Diligence Payable		-		64,000
Warrants		5,039		-
Shares issuable under ratchet provisions		693,001		-
Total		6,704,371		170,831