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RELATED PARTY TRANSACTIONS AND AMOUNTS OWING (Tables)
12 Months Ended
Dec. 31, 2013
Related Party Transactions And Amounts Owing Tables  
Contingent Consideration to Director
   

As of

December 31,

2013

   

As of

December 31,

2012

 
                 
Contingent consideration due   $ 2,000,000     $ 2,000,000  
Less payments, net of refunds, to Director     (984,638 )     984,638  
Payment of exercise of warrants      (108,788 )      -  
    $ 906,574     $ 1,015,362