Quarterly report pursuant to Section 13 or 15(d)

STOCK REPURCHASE (Details Narrative)

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STOCK REPURCHASE (Details Narrative) - USD ($)
3 Months Ended 68 Months Ended
Mar. 31, 2017
Mar. 31, 2017
Jun. 17, 2016
Jun. 09, 2016
Aug. 22, 2011
Number of shares, common stock repurchased   6,926,004      
Average price per share, common stock subject to repurchase   $ 1.66      
Aggregate cost of common stock eligible for repurchase $ 2,536,000 $ 11,463,873      
Board of Directors [Member]          
Stock Repurchase Program, dollar amount of shares authorized to be repurchased         2,000,000
Change in authorized capital     2,000,000    
Stock Repurchase Program, dollar amount of remaining shares authorized to be repurchased       2,654,000  
Stock Repurchase Program, dollar amount of shares authorized for repurchase since inception     14,000,000