Quarterly report pursuant to sections 13 or 15(d)

RESTRICTED CASH

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RESTRICTED CASH
6 Months Ended
Jun. 30, 2012
Cash and Cash Equivalents [Abstract]  
Cash and Cash Equivalents Disclosure [Text Block]

NOTE 4 – RESTRICTED CASH

 

Restricted cash at June 30, 2012 and December 31, 2011 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.