Quarterly report pursuant to sections 13 or 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v2.4.0.6
COMMITMENTS AND CONTINGENCIES (Tables)
 6 Months Ended
Jun. 30, 2012
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Lease Payments
Due Date of Lease Payments from October 2011
  
Amount of
Lease Payment
  
       
On or before the 30th day after the 1st Anniversary
  
$
42,500
  
On or before the 30th day after the 2nd Anniversary
  
$
70,000
  
On or before the 30th day after the 3rd Anniversary
  
$
87,500
  
On or before the 30th day after the 4th Anniversary as the 5th and final payment
  
$
87,500
  
Schedule of Royalty Payments
Due Date of Advance Royalty Payments from October 2011
  
Amount of Advance
Royalty Payment
  
       
On or before the 30th day after the 1st Anniversary
  
$
42,500
  
On or before the 30th day after the 2nd Anniversary
  
$
70,000
  
On or before the 30th day after the 3rd Anniversary
  
$
87,500
  
On or before the 30th day after the 4th Anniversary as the 5th and final payment
  
$
87,500