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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013
Numerator: |  |  |  |
Net Income (Loss) | $ 415,861 | $ (7,985,934) | $ 318,653 | $ (8,178,627)
Denominator: |  |  |  |
Basic weighted-average shares | 80,225,890 | 75,935,563 | 80,186,585 | 75,715,735
Effect of dilutive securities |  |  |  |
Warrants | 28,625,800 | 0 | 26,467,789 | 0
Convertible Debt | 17,496,552 | 0 | 17,496,552 | 0
Options | 80,000 | 0 | 79,779 | 0
Diluted Weighted Average Shares | 126,428,242 | 75,935,563 | 124,230,705 | 75,715,735
Net Income (Loss) Per Common Share: |  |  |  |
Basic | $ 0.01 | $ (0.11) | $ 0 | $ (0.11)
Diluted | $ 0 | $ (0.11) | $ 0 | $ (0.11)
Loss from Operations Data: |  |  |  |
Loss from Operations | $ (724,246) | $ (392,933) | $ (2,285,935) | $ (582,569)
Basic and Diluted Weighted Average Shares | 80,225,890 | 75,935,563 | 80,186,585 | 75,715,735

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