EMPLOYMENT ARRANGEMENTS AND OTHER AGREEMENTS (Details Narrative) (USD $)
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12 Months Ended | 22 Months Ended | 33 Months Ended | 34 Months Ended | |||||
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Dec. 31, 2012
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Dec. 31, 2011
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Mar. 31, 2012
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Dec. 31, 2013
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Aug. 31, 2015
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Nov. 01, 2012
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Apr. 12, 2012
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Feb. 03, 2011
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Jun. 08, 2009
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Compensation Related Costs [Abstract] | |||||||||
Annual base salary | $ 415,000 | $ 415,000 | |||||||
Annual target bonus | 150,000 | 150,000 | |||||||
Ten year option to purchase common stock | 500,000 | 750,000 | |||||||
Ten year option, exercise price | $ 1.19 | $ 0.83 | |||||||
Equal quarterly vesting amounts, shares | 62,500 | 41,667 | |||||||
Aggregate extended shares | 417,200 | ||||||||
Gross royalties incentives | 5.00% | 5.00% | |||||||
Incentive Compensation for Chairman and CEO | 434,891 | 369,922 | |||||||
Target bonus or minimum bonus | 150,000 | 150,000 | |||||||
Monthly compensation for CFO | $ 11,000 | $ 9,000 | $ 11,000 | ||||||
Five year option issued to CFO | 75,000 | 100,000 | |||||||
Exercise price of five year option | $ 1.40 | $ 1.59 | |||||||
Options vested on date of grant | 50,000 | ||||||||
Equal quarterly amounts, CFO | 18,750 |