ACCOUNTS PAYABLE AND ACCRUED EXPENSES

3 Months Ended

Mar. 31, 2015

ACCOUNTS PAYABLE AND ACCRUED EXPENSES [Abstract]

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

4. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following:

	March 31,		December 31,
	2015		2014
Trade accounts payable and accrued expenses	$	470,075	$	309,188
Accrued legal and other professional fees		133,631		65,205
Accrued payroll and related costs		179,875		169,303
Total	$	783,581	$	543,696