ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) (USD $)	1 Months Ended	6 Months Ended	1 Months Ended		6 Months Ended
	Dec. 31, 2011	Jun. 30, 2012	Dec. 30, 2011 Two Thousand and Eleven Issuance [Member] Private Placement [Member]	Jun. 30, 2012 Two Thousand and Twelve Issuance [Member]	Jun. 30, 2012 Two Thousand and Twelve Issuance [Member] Series Preferred Stock [Member]
Deficit accumulated in development stage	$ 853,074	$ 13,003,817
Stock Issued During Period, Shares, New Issues			4,929,523
Common Stock, Par Or Stated Value Per Share	$ 0.001	$ 0.001	$ 0.001
Fair Value Per Share Issued			$ 2.25		$ 20
Proceeds from Issuance of Private Placement			11,091,425		695,428
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			1,232,381	1,545,396
Class of Warrant or Right, Exercise Price of Warrants or Rights			$ 2.25	$ 2.25
Class Of Warrant Or Rights Exercisable Period			5 years	5 years
Preferred stock issued at $20.00 per share, before placement commissions and expenses					$ 13,908,560
Preferred Stock To Common Stock Conversion Basis Per Share	8.89
Stockholders' Equity Note, Stock Split, Conversion Ratio		(56.25)
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		7,433,525
Cash Equivalents Maturity Period		3 months