Annual report pursuant to section 13 and 15(d)

SHARE BASED COMPENSATION (Details 2)

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SHARE BASED COMPENSATION (Details 2) (USD $)
 12 Months Ended
Dec. 31, 2012
Shares,Outstanding at January 1, 2012 0
Shares, Grants 3,500,000
Shares,Exercised 0
Shares,Forfeitures or expirations (500,000)
Shares,Outstanding at December 31, 2012 3,000,000
Shares,Vested and expected to vest at December 31, 2012 3,000,000
Shares,Exercisable at December 31, 2012 0
Weighted-Average Exercise Price,Outstanding at January 1, 2012 $ 0
Weighted-Average Exercise Price, Grants $ 1.50
Weighted-Average Exercise Price, Exercised $ 0
Weighted-Average Exercise Price,Forfeitures or expirations $ 1.50
Weighted-Average Exercise Price,Outstanding at December 31, 2012 $ 1.50
Weighted-Average Exercise Price,Vested and expected to vest at December 31, 2012 $ 1.50
Weighted-Average Exercise Price,Exercisable at December 31, 2012 $ 0
Weighted - Average Remaining Contractual Term,Grants 10 years
Weighted-Average Remaining ContractualTerm,Outstanding at December 31, 2012 9 years 4 months 6 days
Weighted-Average Remaining ContractualTerm,Vested and expected to vest at December 31, 2012 9 years 4 months 6 days
Weighted Average Remaining Contractual Term, Exercisable at December 31, 2012 0 years
AggregateIntrinsic Value,Grants $ 0
AggregateIntrinsic Value,Exercised $ 0
AggregateIntrinsic Value,Outstanding at December 31, 2012 0
AggregateIntrinsic Value,Vested and expected to vest at December 31, 2012 0
AggregateIntrinsic Value,Exercisable at December 31, 2012 $ 0