Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Details Narrative)

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STOCKHOLDERS' EQUITY (Details Narrative) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2014
Dec. 31, 2013
Common stock, shares issued 5,613,632 5,613,632 5,489,593
Share-based compensation   $ 351,878  
Stock-based consulting expense 71,250    
Stock-based prepaid expense 390,292 390,292 532,792
Restricted Stock [Member]
     
Common stock, shares issued 100,000 100,000  
Value of shares issued for services   980,000  
Grant date fair value (per share)   $ 9.80  
Warrants
     
Share-based compensation   20,788  
Unrecognized compensation expense - warrants 24,252 24,252  
Stock Options [Member]
     
Share-based compensation   700,301  
Stock-based consulting expense   534,681  
Unrecognized compensation expense - warrants 5,600,489 5,600,489  
Intrinsic value stock options outstanding $ 4,442,763 $ 4,442,763