Quarterly report pursuant to Section 13 or 15(d)

10. STOCK OPTIONS AND WARRANTS (Details Textuals)

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10. STOCK OPTIONS AND WARRANTS (Details Textuals) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
SeriesBPreferredStockMember
Dec. 31, 2011
SeriesBPreferredStockMember
Options granted during the year     $ 615,642 $ 0    
Stock-based compensation expense 97,504 7,994 103,669 15,988    
Issued a prefered stock         538 271
Warrant to purchase a common stock           5,211,542
Issued a warrant during the year       $ 125,274