Annual report pursuant to section 13 and 15(d)

RESTRICTED CASH

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RESTRICTED CASH
12 Months Ended
Dec. 31, 2011
Cash and Cash Equivalents [Abstract]  
Cash and Cash Equivalents Disclosure [Text Block]

NOTE 4 - RESTRICTED CASH

 

Restricted cash at December 31, 2011 and 2010 collateralizes a letter of credit in the amount of approximately $60,000 issued in connection with the lease of office space in New York City (see Note 6).