2. SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2014

Accounting Policies [Abstract]

Earnings Per Common Share

	Three Months Ending March 31,
	2014			2013
Numerator:
Income (loss) before extraordinary items	$	(27,827	)	$	705,714
Income from extraordinary items, net of tax		–			–
Net income (loss)	$	(27,827	)	$	705,714
Denominator:
Weighted-average common shares outstanding
Basic		51,728,568			47,410,624
Conversion of preferred rights		–			20,386,119
Diluted		51,728,568			67,796,743
Income (loss) per share
Basic
Income (loss) before extraordinary items	$	(0.00	)	$	0.01
Income from extraordinary items, net of tax		–			–
Net income (loss)	$	(0.00	)	$	0.01
Diluted
Income (loss) before extraordinary items	$	(0.00	)	$	0.01
Income from extraordinary items, net of tax		–			–
Net income (loss)	$	(0.00	)	$	0.01