COMMON STOCK WARRANTS (Details Narrative) (USD $)
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3 Months Ended | 63 Months Ended | 0 Months Ended | |||||||||||||||||||||||||||||
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Dec. 31, 2012
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Dec. 31, 2011
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Dec. 31, 2012
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Oct. 30, 2012
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Oct. 30, 2012
Warrants
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Oct. 24, 2012
Warrants
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Jul. 17, 2012
Warrants
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Apr. 10, 2012
Warrants
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Dec. 15, 2009
Warrants
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Dec. 31, 2012
Warrants
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Sep. 07, 2012
Warrants
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Jul. 11, 2012
Warrants
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Jun. 28, 2012
Warrants
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May 18, 2012
Warrants
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Apr. 12, 2012
Warrants
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Mar. 03, 2012
Warrants
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Dec. 21, 2011
Warrants
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Dec. 16, 2011
Warrants
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Aug. 23, 2011
Warrants
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Jul. 15, 2011
Warrants
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Jun. 13, 2011
Warrants
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May 12, 2011
Warrants
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Dec. 30, 2010
Warrants
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Jul. 23, 2010
Warrants
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Apr. 09, 2010
Warrants
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Jan. 15, 2010
Warrants
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Dec. 04, 2009
Warrants
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Nov. 09, 2009
Warrants
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Oct. 09, 2009
Warrants
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Sep. 30, 2009
Warrants
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Jun. 03, 2009
Warrants
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Mar. 20, 2009
Warrants
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Exercise price, warrant | 1.19 | 0.50 | 0.50 | 0.60 | 0.18 | 1.00 | 0.95 | 1.20 | 0.95 | 0.90 | 0.65 | 0.65 | 0.65 | 0.67 | 0.54 | 0.50 | 0.50 | 0.55 | 0.50 | 0.55 | 0.55 | 0.60 | 0.50 | 0.50 | 0.40 | 0.18 | 0.50 | |||||
Proceeds from warrants exercised for cash | $ 111,891 | $ 4,019,451 | $ 100,000 | |||||||||||||||||||||||||||||
Exercise of awards, shares | 200,000 | (30,000) | (43,392) | (5,583,336) | ||||||||||||||||||||||||||||
Extension of warrants, description | On October 30, 2012, the Company agreed to extend the term of the 11,985,367 common stock purchase warrants, expiring October 31, 2012, to April 30, 2013, subject to the warrant agreement, as amended. These amendments include removal of the cashless exercise provision and early termination of the extension period, at the sole discretion of the Company, in the event that the Company's common stock trades at or above $1.50 for 5 consecutive days. The warrants are exercisable at $1.19. | |||||||||||||||||||||||||||||||
Extension of warrants, warrants extended | 11,985,367 | |||||||||||||||||||||||||||||||
Warrants expense - vested warrants | 167,966 | |||||||||||||||||||||||||||||||
Unamortized warrants expense | 34,000 | 34,000 | ||||||||||||||||||||||||||||||
Intrinsic value of awards | $ 11,300,000 |