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STOCKHOLDERS' EQUITY
3 Months Ended
Mar. 31, 2013
STOCKHOLDERS' EQUITY [Abstract]  
STOCKHOLDERS' EQUITY
NOTE 7 - STOCKHOLDERS' EQUITY

During the three months ended March 31, 2013, the Company issued a total of 24,046 shares of common stock valued at $38,375 to directors and consultants as payments of fees.  In addition, on January 23, 2013 the Company sold, in a privately negotiated transaction, 3,756,757 shares of its common stock at $1.48 per share for gross proceeds of $5,560,000.  No broker was used and no commission was paid as part of this transaction.