Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Details Textual)

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STOCKHOLDERS' EQUITY (Details Textual) (USD $)
1 Months Ended 6 Months Ended 116 Months Ended 6 Months Ended 12 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended 6 Months Ended 6 Months Ended
May 31, 2012
Apr. 30, 2012
Mar. 31, 2012
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2012
Underwritten Offering [Member]
Dec. 31, 2011
Underwritten Offering [Member]
Dec. 06, 2011
Underwritten Offering [Member]
Mar. 31, 2012
Placement Agent Advisory Fees [Member]
Mar. 31, 2012
April Private Placement [Member]
Jun. 30, 2012
April Private Placement [Member]
Dec. 31, 2011
April Private Placement [Member]
Jun. 30, 2012
June Offering [Member]
Jun. 30, 2012
June Offering [Member]
Ninety Day Warrant [Member]
Jun. 30, 2012
June Offering [Member]
Five Year Warrant [Member]
Jun. 30, 2012
June Offering [Member]
Underwritten Offering [Member]
Private Placement Units Sold                         6,846,537        
Number Of Common Shares Comprised In Each Private Placement Unit                         one share        
Number Of Warrants Comprised In Each Private Placement Unit                         one share        
Proceeds From Issuance Of Private Placement (in dollars)                         $ 5,135,000        
Warrants Expiration Date             Dec. 06, 2016 Dec. 06, 2016       Mar. 31, 2016         Jun. 13, 2017
Relative Fair Value Of Warrants Issued (in dollars)                 2,350,320       2,124,286 1,994,631      
Fair Value Of Warrants Issued (in dollars)                       112,096         255,703
Percentage Of Liquidation Damages Per Month Until Registration Statement Is Filed Or Declared Effective                     1.50%            
Maximum Percentage Of Liquidation Damages On Aggregate Purchase Price                     5.00%            
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions (in dollars)               302,000   200,000             379,456
Number Of Warrants Issued                   192,931              
Number Of Warrants Issued In Connection With Sale Of Common Stock               10,081,667                  
Stock Issued During Period, Shares, New Issues               10,081,667                  
Stock Issued During Period, Value, New Issues (in dollars)                           5,420,800      
Number Of Shares Issuable Upon Exercise Of Outstanding Warrants       24,339,800   24,339,800 9,248,334         6,465,352     5,420,800 2,710,400 271,040
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)             $ 0.6   $ 0.6 $ 0.75   $ 0.75 $ 0.75   $ 1.00 $ 1.25 $ 1.25
Gross Proceeds From Issuance Of Common Stock (in dollars)               6,049,000           5,420,800      
Proceeds From Issuance Of Common Stock (in dollars)       4,870,978 4,866,406 36,745,232   5,298,140           4,870,978      
Number Of Shares Of Common Stock Held For Resale       4,000,000                          
Stock Issued During Period Shares Issued In Connection With Cashless Exercise Of Warrants One 181,745 582,981 10,285                            
Stock Issuable During Period Shares Issued In Connection With Cashless Exercise Of Warrants One 333,333 833,333 27,310                            
Warrants Expiration Date One Mar. 31, 2016 Dec. 06, 2016 Jul. 27, 2015                            
Warrant Exercise Price One (in dollars per share) $ 0.75 $ 0.60 $ 0.60                            
Amount Reclassified Upon Exercise Of Warrants (in dollars) $ 24,101   $ 19,754                            
Stock Issued During Period Shares Issued In Connection With Cashless Exercise Of Warrants Two 13,210 25,000 44,155                            
Stock Issuable During Period Shares Issued In Connection With Cashless Exercise Of Warrants Two 23,109 40,783 200,000                            
Warrants Expiration Date Two Jul. 27, 2015 Mar. 31, 2016 Mar. 31, 2016                            
Warrant Exercise Price Two (in dollars per share) $ 0.60 $ 0.75 $ 0.75                            
Number Of Warrants Expired During Period 8,561                                
Warrant Exercise Price Three (in dollars per share) $ 191.25