Annual report pursuant to section 13 and 15(d)

CONVERTIBLE DEBENTURES 2011 (Details Textual)

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CONVERTIBLE DEBENTURES 2011 (Details Textual) (USD $)
 7 Months Ended 12 Months Ended 67 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2007
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Dec. 31, 2012
Common Stock [Member]
Dec. 31, 2012
Deferred Financing Costs [Member]
Dec. 31, 2012
Minimum [Member]
Dec. 31, 2012
Maximum [Member]
Dec. 31, 2011
Second Placement Agents [Member]
Dec. 31, 2011
Third Placement Agents [Member]
Mar. 31, 2012
Placement Agents [Member]
Dec. 31, 2012
Placement Agents [Member]
Dec. 31, 2011
Placement Agents [Member]
Dec. 31, 2011
Convertible Debentures Converted To Notes Payable [Member]
Convertible Debentures Issued Upon Share Exchange     $ 1,625,000                      
Convertible Debentures Sold Carrying Amount   390,000 1,125,000                      
Sales Commissions and Fees     40,000             14,000        
Legal Fees     20,000     20,000                
Debt Conversion, Original Debt, Issuance Date of Debt, Day, Month and Year     Sep. 09, 2011                      
Debt Conversion, Original Debt, Interest Rate of Debt   8.00% 8.00%                      
Common Stock Issued (in shares)           20,000     20,000          
Common Stock Issued 9,750   144,000     144,000     144,000          
Convertible Debentures Issued During Period Value Issued For Services                   450,000        
Proceeds From Issuance Of Convertible Debentures Net Of Fees     1,065,000             436,000        
Payment Of Cash To Placement Agents           54,000                
Debt Conversion, Converted Instrument, Warrants or Options Issued (in shares)   13,750                   1,538    
Debt Instrument Convertible Future Minimum Proceeds On Maturity   3,425,000                        
Debt Conversion Converted Instrument Percentage Of Shares Issued   1.00%                        
Debt Conversion Number Of Converted Instrument (in shares)   125,000                        
Incremental Common Shares Attributable to Conversion of Debt Securities (in shares)     199,250                   4,400  
Convertible Debt, Noncurrent   0 1,925,000 0                    
Adjustments To Additional Paid In Capital Fair Value Of Warrants Issued In Connection With Bridge Convertible Debentures   83,289                        
Stock Issued During Period Value In Connection With Bridge Financing   368,280                        
Stock Issued During Period Shares In Connection With Bridge Financing (in shares)         29,700                  
Repayment of Convertible Debt   150,000 0 150,000                    
Percentage Of Shares Issuable Upon Exercise Of Warrants   33.00%         3.00% 9.00%            
Fair Value Of Stock Issuance Liability Recognized                         32,000  
Interest Expense   3,155       32,000         6,126      
Exercise Price Of Warrants Issued (in dollars per share)   $ 20.00                   $ 20.00    
Price of the Company's common stock (in dollars per share)   $ 12.40   $ 12.40                    
Accumulated Amortization, Deferred Finance Costs     53,000                      
Fair Value Assumptions, Expected Dividend Rate   0.00%                        
Fair Value Assumptions, Expected Term             2 years 3 years            
Fair Value Assumptions, Risk Free Interest Rate   0.91%                        
Expected volatility             73.00% 94.00%            
Debt Conversion, Original Debt, Amount   320,000 0 820,000                   500,000
Liability Charged To Interest                     32,000      
Amortization and write off of deferred financing costs   $ 196,166 $ 53,377 $ 249,543