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STOCK-BASED COMPENSATION (Tables)

3 Months Ended

9 Months Ended

Sep. 30, 2013

Sep. 30, 2013

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

						Weighted
			Number of			Average
			Shares			Exercise Price
	Three months ended September 30, 2013
	Options outstanding at June 30, 2013		4,431,744		$	. 18
	Granted		-			-
	Exercised		-			-
	Cancelled/Forfeited		-			-

	Options outstanding at September 30, 2013		4,431,744		$	. 18

						Weighted
			Number of			Average
			Shares			Exercise Price
	Nine months ended September 30, 2013
	Options outstanding at December 31, 2012		4,438,494		$	. 18
	Granted		-			-
	Exercised		-			-
	Cancelled/Forfeited		(6,750	)		.16

	Options outstanding at September 30, 2013		4,431,744		$	. 18

Schedule of Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

						Weighted
						Average			Weighted
						Remaining			Average
			Number			Contractual			Exercise			Intrinsic
			Outstanding			Life in Years			Price			Value

	Total stock options		4,431,744			1.9		$	. 18		$	-
	Exercisable stock options		4,224,994			2.0		$	. 18		$	-

Schedule of Nonvested Share Activity [Table Text Block]

						Weighted Average
						Grant Date
			Number of Shares			Fair Value
	Three months ended September 30, 2013
	Unvested options outstanding at June 30, 2013		604,997		$	. 10
	Granted		-			-
	Vested		(398,247	)		.08
	Cancelled/Forfeited		-			-

	Unvested Options outstanding at September 30, 2013		206,750		$	. 11

						Weighted Average
						Grant Date
			Number of Shares			Fair Value
	Nine months ended September 30, 2013
	Unvested options outstanding at December 31, 2012		811,747		$	. 11
	Granted		-			-
	Vested		(604,997	)		.09
	Cancelled/Forfeited		-			-

	Unvested Options outstanding at September 30, 2013		206,750		$	. 11

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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