SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2014

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, 2014	216,000		$	6.46
Granted	—		—
Cancelled	(20,000	)	7.46
Outstanding - September 30, 2014	196,000		$	6.36	3.16	$	50,023
Exercisable - September 30, 2014	172,918		$	6.70	2.44	$	16,677

Schedule of inventories

	September 30			December 31
	2014			2013
Raw Materials	$	13,748,286		$	12,282,902
Work in Process	4,612,452			3,317,573
Finished Goods	2,877,220			2,926,512
Reserve	(821,759		)	(1,099,517		)
Total	$	20,416,199		$	17,427,470