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RELATED PARTY TRANSACTIONS
3 Months Ended
Mar. 31, 2013
Related Party Transactions [Abstract]  
NOTE 6. RELATED PARTY TRANSACTIONS

As discussed in Note 1 above, on March 14 and 15, 2013, the Company sold an aggregate total of 470,281 shares of its common stock to the directors of the Company for $3.60 per share, and five year warrants to purchase an aggregate total of 155,190 shares of common stock for $3.60 per share in a series of above-market private transactions in order to facilitate the Series A Preferred Redemption.