CONDENSED BALANCE SHEETS - USD ($)	Jun. 30, 2017	Dec. 31, 2016
CURRENT ASSETS:
Cash	$ 827,416	$ 864,323
TOTAL ASSETS	827,416	864,323
CURRENT LIABILITIES:
Accounts payable and accrued expenses	3,000	10,487
TOTAL CURRENT LIABILITIES	3,000	10,487
STOCKHOLDERS' EQUITY :
Common stock, $.10 par value 200,000,000 shares authorized; 16,033,862 shares issued and 15,536,275 shares outstanding as of June 30, 2017 and December 31, 2016	1,603,387	1,603,387
Treasury Stock, $.10 par value 497,587 shares as of June 30, 2017 and December 31, 2016	(49,759)	(49,759)
Additional paid-in capital	2,595,035	2,595,035
Accumulated deficit	(5,388,699)	(5,359,279)
TOTAL STOCKHOLDER'S EQUITY	824,416	853,836
TOTAL LIABILITIES, PREFERRED STOCK AND STOCKHOLDERS’ EQUITY	827,416	864,323
Series A Convertible Preferred Stock [Member]
STOCKHOLDERS' EQUITY :
PREFERRED STOCK, $1.00 par value; 4,000,000 authorized: Series A 10% Convertible Preferred stock; 50,000 shares authorized; 33,238 shares issued and outstanding as of June 30, 2017 and December 31, 2016; liquidation preference of $3,323,800 as of June 30, 2017 and December 31, 2016	$ 2,064,452	$ 2,064,452