DERIVATIVE WARRANT LIABILITY (Tables)

12 Months Ended

Dec. 31, 2014

Derivative Warrant Liability Tables

Derivative warrant liability

	2014			2013
Derivative warrant liability as of January 1	$	1,119,155		$	5,585,141
Total unrealized losses included in net loss		333,000			1,671,682
Total unrealized gains included in net loss		(1,244,000	)		(5,985,000	)
Total realized gains included in net loss		—			(152,668	)
Gain on Revaluation		911,000			4,465,986
Derivative warrant liability as of December 31	$	208,155		$	1,119,155