ACCOUNTS PAYABLE AND ACCRUED EXPENSES

9 Months Ended

Sep. 30, 2014

ACCOUNTS PAYABLE AND ACCRUED EXPENSES [Abstract]

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

4. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following:

	September 30,		December 31,
	2014		2013
Trade accounts payable and accrued expenses	$	270,203	$	$ 409,617
Accrued legal and other professional fees		51,441		61,538
Accrued payroll and related costs		195,584		163,122
Total	$	517,228	$	634,277