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BALANCE SHEETS - USD ($)
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 805,743 $ 864,323
TOTAL ASSETS 805,743 864,323
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 9,550 10,487
TOTAL CURRENT LIABILITIES 9,550 10,487
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY :    
Common stock, $.10 par value 200,000,000 shares authorized; 16,033,862 shares issued and 16,033,862 shares outstanding as of December 31, 2017 and 2016 1,603,387 1,603,387
Treasury Stock, $.10 par value 497,587 shares as of December 31, 2017 and 2016 (49,759) (49,759)
Additional paid-in capital 2,623,189 2,595,035
Accumulated deficit (5,448,400) (5,359,279)
TOTAL STOCKHOLDER'S EQUITY 796,193 853,836
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 805,743 864,323
Series A Convertible Preferred stock [Member]    
STOCKHOLDERS' EQUITY :    
PREFERRED STOCK, value $ 2,067,776 $ 2,064,452