SUBSEQUENT EVENTS	9 Months Ended
Sep. 30, 2013
SUBSEQUENT EVENTS [Text Block]	15. SUBSEQUENT EVENTS On October 3, 2013, the Company entered into a non-binding letter of intent with an arm’s length third party that contemplates the third party making significant equity and/or debt financing available to the Company, subject to the third party obtaining the necessary funding, completion of due diligence to the satisfaction of the third party, the execution and delivery of a definitive agreement on mutually acceptable terms, and certain other conditions. The third party has advanced a total of $300,000 to the Company for general working capital purposes. All funds advanced by the third party bear interest at the rate of 15 percent per annum, and will be repayable from the proceeds of the equity and/or debt financing transaction (if any). The Company expects that the loan would become repayable upon demand if the equity and/or debt financing transaction do not close. There can be no assurance that the Company will be successful on the closing of the equity and/or debt financing contemplated in this transaction. On October 23, 2013, the Company issued a convertible promissory note in the aggregate principal amount of $100,000. The note will become due and payable on the earlier of October 22, 2014 and the closing of a financing transaction by the Company for gross proceeds in excess of $20,000,000. The outstanding principal under the Note and the accrued and unpaid interest thereon, is convertible at the option of the holder, in whole and not in part, into shares of the Company’s common stock at the conversion price equal to $0.02 per common share.

SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2013

15. SUBSEQUENT EVENTS

On October 3, 2013, the Company entered into a non-binding letter of intent with an arm’s length third party that contemplates the third party making significant equity and/or debt financing available to the Company, subject to the third party obtaining the necessary funding, completion of due diligence to the satisfaction of the third party, the execution and delivery of a definitive agreement on mutually acceptable terms, and certain other conditions. The third party has advanced a total of $300,000 to the Company for general working capital purposes. All funds advanced by the third party bear interest at the rate of 15 percent per annum, and will be repayable from the proceeds of the equity and/or debt financing transaction (if any). The Company expects that the loan would become repayable upon demand if the equity and/or debt financing transaction do not close. There can be no assurance that the Company will be successful on the closing of the equity and/or debt financing contemplated in this transaction.

On October 23, 2013, the Company issued a convertible promissory note in the aggregate principal amount of $100,000. The note will become due and payable on the earlier of October 22, 2014 and the closing of a financing transaction by the Company for gross proceeds in excess of $20,000,000. The outstanding principal under the Note and the accrued and unpaid interest thereon, is convertible at the option of the holder, in whole and not in part, into shares of the Company’s common stock at the conversion price equal to $0.02 per common share.