General form of registration statement for all companies including face-amount certificate companies

FAIR VALUE (Tables)

v2.4.0.6
FAIR VALUE (Tables)
9 Months Ended
Sep. 30, 2012
Fair Value Disclosures [Abstract]  
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]

Assets and liabilities measured at fair value on a recurring basis are summarized below: 

 

    September 30, 2012  
    Level 1     Level 2     Level 3     Fair Value  
                         
Liabilities:                              
Warrants   $ -     $ 21,628     $ -     $ 21,628  

 

    December 31, 2011  
    Level 1     Level 2     Level 3     Fair Value  
                         
Liabilities:                              
Warrants   $ -     $ 23,305     $ -     $ 23,305  

 

    December 31, 2010  
    Level 1     Level 2     Level 3     Fair Value  
                         
Liabilities:                              
Warrants   $ -     $ -     $ -     $ -