v2.4.0.8
STOCK BASED COMPENSATION (Detail Textuals) (Stock Options, Incentive Stock Plan 2013, 2012, 2011 and 2010 (the plans), Directors, officers and employees, USD $)
6 Months Ended 88 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Number of shares authorized 11,000,000     11,000,000
Percentage of fair market value granted 110.00%      
Percentage of fair market value non-qualified stock options granted 85.00%      
Fair market value granted of stock options granted after one year 2 years      
Stock based compensation $ 669,402 $ 902,342 $ 20,907 $ 2,225,825
Unrecognized compensation expense $ 452,755     $ 452,755
Recognized period for non-vested warrants granted to consultants anticipated 30 months      
Minimum
       
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Term of fair market value of options granted 3 years      
Maximum
       
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Term of fair market value of options granted 5 years