Quarterly report pursuant to sections 13 or 15(d)

8. FAIR VALUE MEASUREMENTS (Details)

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8. FAIR VALUE MEASUREMENTS (Details) (USD $)
6 Months Ended 12 Months Ended
Jun. 30, 2012
Percent
Dec. 31, 2011
Percent
Warrants issued in October 2010 [Member]
   
Significant assumptions used in the valuations    
Exercise price $ 0.45 $ 0.45
Volatility 78.00% 68.00%
Risk free interest rate 0.72% 1.09%
Term (years) 5 years 3 months 18 days 5 years 10 months 24 days
Marketability discount 50.80% 47.40%
Warrants issued in December 2011 [Member]
   
Significant assumptions used in the valuations    
Exercise price $ 1.5 $ 1.5
Volatility 80.80% 68.00%
Risk free interest rate 0.57% 0.83%
Term (years) 4 years 5 months 16 days 4 years 11 months 16 days
Marketability discount 58.60% 52.00%