ADVANCES PAYABLE

12 Months Ended

Dec. 31, 2012

Other Liabilities Disclosure [Abstract]

ADVANCES PAYABLE

7.      ADVANCES PAYABLE

During the years ended December 31, 2012 and 2011, the Company received working capital advances in the amount of $263,648 and $769,141, respectively.  These advances are non-interest bearing and payable upon demand.  The Company has imputed interest on these advances in the amounts of $40,077 and $84,126 for the years ended December 31, 2012 and 2011, respectively.  The imputed interest was recorded as an increase in Additional paid-in capital.