SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals) (USD $)
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3 Months Ended | ||
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Mar. 31, 2015
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Mar. 31, 2014
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Dec. 31, 2014
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Accounting Policies [Abstract] | |||
Accumulated deficit | $ (11,621,949)us-gaap_DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage | $ (10,044,067)us-gaap_DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage | |
Property and equipment, depreciation method | Straight-line basis | ||
Estimated useful life (in years) | 5 years | ||
Stock options, method used | Black-Scholes option pricing model | ||
Number of options and warrants excluded from computation of net loss per share | 7,108,000us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount | 0us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount |
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- Details
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- Definition
Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Cumulative net losses reported during the development stage. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Description of the methodology for computing depreciation for classes of depreciable assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. No definition available.
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- Definition
For each plan, identification of the award pricing model or other valuation method used in calculating the weighted average fair values disclosed. The model is also used to calculate the compensation expense that is shown within the balance sheet, income statement, and cash flow. Examples of valuation techniques are lattice models (binomial model), closed-form models (Black-Scholes-Merton formula), and a Monte Carlo simulation technique. Fair value is the amount at which an asset or liability could be bought or incurred or sold or settled in a current transaction between willing parties, that is, other than in a forced or liquidation sale. May include disclosures about the assumptions underlying application of the method selected. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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