Annual report pursuant to Section 13 and 15(d)

INCOME TAXES (Details Narrative)

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INCOME TAXES (Details Narrative) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Jun. 30, 2011
Income Tax Disclosure [Abstract]      
Net operating loss carryforwards $ 25,255,000    
Future tax benefit 8,840,000    
Non-cash tax benefit     7,000,000
Non-cash tax benefit, per share     $ 0.29
Deferred tax asset 6,194,000 6,903,000  
Per share, diluted basis   $ 0.22  
Income before taxes 3,372,000    
Income tax expense 37,000    
Reduction to deferred tax asset $ 709,000