SUBSEQUENT EVENTS	9 Months Ended
Sep. 30, 2011
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 11. SUBSEQUENT EVENTS Subsequent to September 30, 2011, the available credit on the Line of Credit is $3,500,000 of which $150,000 has been allocated to the outstanding letter of credit. As of October 24, 2011 the outstanding balance drawn on the line of credit is $0 leaving an available balance for draw downs of $3,350,000. Subsequent to September 30, 2011, a total of 1,686 shares of the Company’s Series A Preferred Stock were converted into 1,686 shares of the Company’s common stock and warrants to purchase 150,000 shares of the Company’s common stock at an exercise price of $2 per share were exercised for $300,000 and the Company issued 150,000 shares of the Company’s common stock. In October 2011, the Company entered into an agreement with the Craig-Hallum Capital Group LLC (“C-H”) pursuant to which C-H agreed to provide underwriting services to the Company in connection with a proposed firm commitment underwritten offering of securities. Pursuant to the agreement, we paid C-H a retained fee of $5,000, agreed to pay C-H an underwriting discount equal to 7% of the shares sold in the proposed offering, and reimburse C-H and its counsel for up to $150,000 in legal fees. The agreement has a term through March 8, 2012, unless terminated earlier pursuant to the terms of the agreement. In October 2011, the Company entered into an agreement to supply used oil feedstock to a third party. The agreement provides for the Company to supply a minimum of 210,000 gallons of used oil feedstock per month at purchase prices based on a discount to the “Platt’s Oilgram Price Report”, with such discount reviewed and agreed upon monthly. The agreement continues in effect until April 5, 2012.

SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2011

NOTE 11. SUBSEQUENT EVENTS

Subsequent to September 30, 2011, the available credit on the Line of Credit is $3,500,000 of which $150,000 has been allocated to the outstanding letter of credit. As of October 24, 2011 the outstanding balance drawn on the line of credit is $0 leaving an available balance for draw downs of $3,350,000.

Subsequent to September 30, 2011, a total of 1,686 shares of the Company’s Series A Preferred Stock were converted into 1,686 shares of the Company’s common stock and warrants to purchase 150,000 shares of the Company’s common stock at an exercise price of $2 per share were exercised for $300,000 and the Company issued 150,000 shares of the Company’s common stock.

In October 2011, the Company entered into an agreement with the Craig-Hallum Capital Group LLC (“C-H”) pursuant to which C-H agreed to provide underwriting services to the Company in connection with a proposed firm commitment underwritten offering of securities. Pursuant to the agreement, we paid C-H a retained fee of $5,000, agreed to pay C-H an underwriting discount equal to 7% of the shares sold in the proposed offering, and reimburse C-H and its counsel for up to $150,000 in legal fees. The agreement has a term through March 8, 2012, unless terminated earlier pursuant to the terms of the agreement.

In October 2011, the Company entered into an agreement to supply used oil feedstock to a third party. The agreement provides for the Company to supply a minimum of 210,000 gallons of used oil feedstock per month at purchase prices based on a discount to the “Platt’s Oilgram Price Report”, with such discount reviewed and agreed upon monthly. The agreement continues in effect until April 5, 2012.