XML 20 R31.htm IDEA: XBRL DOCUMENT v2.4.0.8
COMMITMENTS AND CONTINGENCIES (Details Textual) (USD $)
1 Months Ended 9 Months Ended
Apr. 30, 2012
Nov. 30, 2010
Sep. 30, 2013
Apr. 01, 2011
Granted Stock Restricted Period     2 years  
Long-term Purchase Commitment, Time Period     30 days  
Fees Reduced       $ 10,000
Severance Agreement Commitments Description On April 1, 2012, Mr. Mundy resigned from the Company.  In lieu of the above mentioned agreement, the Company entered into a consulting agreement with Mr. Mundy which had a term of nine months at $15,250 per month.  Pursuant to this agreement, the final payment was made January 4, 2013. On November 16, 2010, the Company entered into an Executive Severance Agreement with Mr. Mundy, the Company’s former Chief Financial Officer. Under the agreement, if Mr. Mundy was terminated without cause, if he resigned with “good reason” (as defined in the agreement), or if he was terminated as a result of a change of control, he would have been entitled to 1.99 years of his then base salary, a gross amount equal to any quarterly bonus target applicable during the quarter, accelerated vesting of all outstanding stock options and coverage of health benefits for a period of up to 12 months. The agreement had a term of two years.