ACCRUED EXPENSES (Tables)

12 Months Ended

Dec. 31, 2012

Payables and Accruals [Abstract]

Schedule of Accrued Liabilities [Table Text Block]

Accrued expenses are comprised of the following as of December 31, 2012 and 2011:

	2012		2011
Professional fees	$	186,488	$	105,962
Payroll and related		345,013		502,033
Other		25,313		67,912
	$	556,814	$	675,907