SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2013

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of status of all stock options

	Shares		Weighted- Average Exercise Price Per Share		Weighted- Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value
Outstanding - January 1, 2013	288,750		$	7.19
Granted	29,000		$	3.20
Cancelled	(50,000	)	$	7.22
Outstanding - June 30, 2013	267,750		$	6.75	3.28	$	3,480
Exercisable - June 30, 2013	238,750		$	7.19	2.51	$	—

Schedule of inventories

	June 30			December 31
	2013			2012
Raw Materials	$	13,582,936		$	13,325,525
Work in Process	3,713,847			2,704,653
Finished Goods	2,893,897			3,108,839
Reserve	(1,414,567		)	(1,474,155		)
Total	$	18,776,113		$	17,664,862