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CAPITAL STOCK (Tables)
 6 Months Ended
Jun. 30, 2014
Capital Stock Tables  
Summary of contingent consideration

The Company recognized a gain of $115,247 on extinguishment of the debt, as a result of this transaction. Below is a summary of the Contingent Consideration Payable at June 30, 2014: 

 

    As of
June 30,
2014		     As of
December 31, 2013		  
Contingent consideration due   $ 2,000,000     $ 2,000,000  
Less payments     (984,638 )     (984,638 )
Payment of exercise of warrants     (108,788 )     (108,788)  
Conversion of contingent consideration to common stock     (115,362 )     -  
    $ 791,212     $ 906,574