Annual report pursuant to Section 13 and 15(d)

INCOME TAXES - Deferred tax assets and liabilities (Details)

v2.4.0.6
INCOME TAXES - Deferred tax assets and liabilities (Details) (USD $)
Dec. 31, 2012
Dec. 31, 2011
Deferred tax assets:    
Net operating loss carryforward $ 10,003,984 $ 8,202,324
Other      
Total deferred tax assets 10,003,984 8,202,324
Deferred tax liabilities:    
Book basis of property and equipment in excess of tax basis      
Total deferred tax liabilities      
Net deferred tax asset before valuation allowance 10,003,984 8,202,324
Less: valuation allowance (10,003,984) (8,202,324)
Net deferred tax asset