Post-effective amendment to a registration statement that is not immediately effective upon filing

INCOME TAXES (Details Textual)

v2.4.0.6
INCOME TAXES (Details Textual) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Net operating loss carryforwards $ 2,538,400 $ 1,660,200
Operating Loss Carryforwards, Expiration Dates beginning in 2024 through 2031  
Capital loss carryforwards 630,100 630,100
Capital Loss Carryforwards Expiration Dates between 2015 and 2016  
Unrecognized Tax Benefits 0 0
Unrecognized Tax Benefits, Interest on Income Taxes Accrued 0 0
Valuation Allowance, Amount 1,055,462 438,100
State and Local Jurisdiction [Member]
   
Net operating loss carryforwards 6,680,000 4,369,000
Foreign Tax Authority [Member]
   
Net operating loss carryforwards 1,073,000 272,000
Beginning 2015 To 2016 [Member]
   
Capital loss carryforwards $ 1,658,000