STOCKHOLDERS' EQUITY (DEFICIT) (Tables)

6 Months Ended

Jun. 30, 2013

STOCKHOLDERS' EQUITY [Abstract]

Summary of Stock Option Activity

The summary of the stock option activity for the six months ended June 30, 2013 is as follows:

				Weighted
				Average		Weighted
				Exercise Price		Average Remaining
	Shares			per Share		Life (Years)
Outstanding, January 1, 2013		36,667,616		$	0.23		6.1
Granted		13,985,000		$	0.11		6.0
Cancelled		(2,235,000	)	$	0.12		-
Exercised		(496,737	)	$	0.04		-
Expired		(9,402	)	$	2.01		-
Outstanding June 30, 2013		47,911,477		$	0.20		5.6

Summary of Status of Non-Vested Options

The summary of the status of the Company's non-vested options for the six months ended June 30, 2013 is as follows:

				Weighted
				Average
				Grant
				Date
	Shares			Fair Value
Non-vested, January 1, 2013		7,394,000		$	0.05
Granted		13,985,000		$	0.03
Cancelled		(2,035,000	)	$	0.06
Vested		(5,776,000	)	$	0.05
Non-vested, June 30, 2013		13,568,000		$	0.03

Warrants to Purchase Common Stock

As of June 30, 2013, the Company has the following warrants to purchase common stock outstanding:

Number of Shares To be Purchased		Warrant Exercise Price per Share		Warrant Expiration Date
	3,986,429	$	0.04	July 25, 2013
	397,825	$	0.04	September 30, 2014
	1,750,000	$	0.10	August 16, 2015
	1,600,000	$	0.13	August 16, 2015
	1,333,333	$	0.15	August 16, 2015
	490,000	$	0.10	October 22, 2015
	196,000	$	0.13	October 22, 2015
	163,333	$	0.15	October 22, 2015
	625,000	$	0.10	November 2, 2015
	250,000	$	0.13	November 2, 2015
	208,334	$	0.15	November 2, 2015
	500,000	$	0.10	November 19, 2015
	200,000	$	0.13	November 19, 2015
	166,667	$	0.15	November 19, 2015
	5,000,000	$	0.10	February 15, 2016
	2,200,000	$	0.13	February 15, 2016
	1,833,333	$	0.15	February 15, 2016
	240,125	$	1.25	October 24, 2016
	1,166,667	$	0.18	February 10, 2017
	4,392,000	$	0.15	June 21, 2018
	26,699,046