Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS (Details)

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INTANGIBLE ASSETS (Details) - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Intangible Assets $ 41,014,992 $ 49,914,360
Accumulated Amortization & Impairment (15,557,353) (6,550,528)
Intangible assets, net 25,457,639 43,363,832
Patent Impairment $ 5,793,409 $ 0
Minimum    
Weighted average useful life, intangibles 1 year  
Maximum    
Weighted average useful life, intangibles 13 years