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EARNINGS (LOSS) PER SHARE | 9 Months Ended
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Sep. 30, 2013
Earnings Per Share [Abstract] |
Earnings Per Share [Text Block] |
| NOTE 6 | EARNINGS (LOSS) PER SHARE
The following table provides a reconciliation of the numerators and denominators reflected in the basic and diluted earnings per share computations. Basic EPS is computed by dividing reported earnings available to stockholders by the weighted average shares outstanding. The Company had net losses for the three months and nine months ended September 30, 2013 and 2012, and the effect of including dilutive securities in the earnings per common share would have been anti-dilutive. Accordingly, all options and warrants to purchase common shares (totaling 8,127,581 potential shares at September 30, 2013) were excluded from the calculation of diluted earnings per share for the three months and nine months ended September 30, 2013 and 2012.
|  | Three Months |  | Three Months |  | Nine Months |  | Nine Months |
|  | Ending |  | Ending |  | Ending |  | Ending |
|  | Sept. 30, 2013 |  | Sept. 30, 2012 |  | Sept. 30, 2013 |  | Sept. 30, 2012 |
Basic EPS |  |  |  |  |  |  |  |  |  |  |  |  |
Net Loss |  | $ | (1,573,469) |  |  | (834,104) |  | $ | (4,339,409) |  |  | (2,477,583) |
Weighted Average Shares |  |  | 25,700,296 |  |  | 19,541,679 |  |  | 24,181,281 |  |  | 15,383,548 |
Basic and Diluted Loss Per Share |  | $ | (0.06) |  | $ | (0.04) |  | $ | (0.18) |  | $ | (0.15) |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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