SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 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	(51,750	)	$	7.23
Outstanding - September 30, 2013	266,000		$	6.75	3.03	$	45,530
Exercisable - September 30, 2013	237,000		$	7.18	2.25	$	—

Schedule of inventories

	September 30			December 31
	2013			2012
Raw Materials	$	13,387,802		$	13,325,525
Work in Process	3,655,339			2,704,653
Finished Goods	2,727,809			3,108,839
Reserve	(1,122,549		)	(1,474,155		)
Total	$	18,648,401		$	17,664,862