Annual report pursuant to Section 13 and 15(d)

1. ORGANIZATION AND BUSINESS (Details Narrative)

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1. ORGANIZATION AND BUSINESS (Details Narrative) (USD $)
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Accounting Policies [Abstract]      
Cash and cash equivalents $ 17,199,030us-gaap_CashAndCashEquivalentsAtCarryingValue $ 26,149,477us-gaap_CashAndCashEquivalentsAtCarryingValue $ 12,535,672us-gaap_CashAndCashEquivalentsAtCarryingValue
Short-term investments 4,652,675us-gaap_ShortTermInvestments 2,935,184us-gaap_ShortTermInvestments  
Accounts receivable $ 383,961us-gaap_AccountsReceivableNetCurrent $ 0us-gaap_AccountsReceivableNetCurrent