SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) (USD $)	0 Months Ended
	Jul. 03, 2012	Sep. 30, 2012	Jun. 30, 2012	Sep. 30, 2011
Money Market Fund		$ 32,980,347	$ 3,344,146
Sale of common stock units, net of costs, shares	34,500,000
Shares issuable upon conversion of Series A Convertible Preferred Stock		27,904,284		27,127,955
Series A 2012 Warrants
Sale of common stock units, net of costs, shares	31,988,151
Series B 2012 Warrants
Sale of common stock units, net of costs, shares	35,488,380