IDO Security (IDOI) Inactive 10-Q19 Nov 132013 Q3 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
Document and Entity Information	Sep. 30, 2013	Nov. 19, 2013
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'IDO Security Inc.	'
Entity Central Index Key	'0001301367	'
Trading Symbol	'idoi	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	19,986,471
Document Type	'10-Q	'
Document Period End Date	30-Sep-13	'
Amendment Flag	'false	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2013	Dec. 31, 2012
CURRENT ASSETS	'	'
Cash	$194	$125,982
Inventories	178,485	183,721
Prepaid expenses and other current assets	'	33,830
Total current assets	178,679	343,533
Property and equipment, net	'	46,303
Total assets	178,679	389,836
CURRENT LIABILITIES	'	'
Accounts payable and accrued liabilities	7,347,610	6,081,105
Bank line of credit	15,377	'
Convertible promissory notes (net of discount of $4,101 and $49,141)	2,149,308	2,112,601
Redeemable Series A Cumulative Convertible Preferred Stock (net of discount of $264,189 and $1,556,297)	13,107,015	12,390,440
Loans payable - related parties	161,376	159,480
Warrant liability	400,000	400,000
Total current liabilities	23,180,686	21,143,626
NON-CURRENT LIABILITIES	'	'
Convertible promissory notes (net of discount of $3,223,617 and $4,006,776)	2,743,283	1,951,791
Notes payable	372,200	69,500
Redeemable Series A Cumulative Convertible Preferred Stock (net of discount of $194,338 and $226,506)	754,907	147,206
Preferred Stock - Series B	1	'
Accrued severance pay	'	26,250
Total liabilities	27,051,077	23,338,373
COMMITMENT AND CONTINGENCIES	'	'
STOCKHOLDERS' DEFICIENCY	'	'
Preferred Stock 6,600 shares authorized; none outstanding	'	'
Common stock, $.001 par value; 20,000,000 shares authorized, 19,986,471 issued and outstanding	19,986	19,986
Additional paid-in capital	27,624,231	27,624,231
Deferred compensation expense	'	-696,691
Accumulated other comprehensive loss	-331	-331
Accumulated deficit	-54,516,284	-49,895,732
Total stockholders' deficiency	-26,872,398	-22,948,537
Total liabilities and stockholders' deficiency	$178,679	$389,836

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Statement Of Financial Position [Abstract]	'	'
Discount on convertible promissory notes (in dollars)	$4,101	$49,141
Discount on redeemable series A cumulative convertible preferred stock (in dollars)	264,189	1,556,297
Discount on convertible promissory notes, noncurrent (in dollars)	3,223,617	4,006,776
Discount on redeemable series A cumulative convertible preferred stock, noncurrent (in dollars)	$194,338	$226,506
Preferred stock, shares authorized	6,600	6,600
Preferred stock, shares outstanding	'	'
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	19,986,471	19,986,471
Common stock, shares outstanding	19,986,471	19,986,471

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Income Statement [Abstract]	'	'	'	'
Revenues	'	$14,232	$15,043	$299,712
Cost of sales	120,000	30,827	376,756	222,212
Gross (loss) profit	-120,000	-16,595	-361,713	77,500
Operating expenses	'	'	'	'
Research and development expenses	'	57,964	53,202	158,152
Selling and general and administrative expenses	98,096	389,158	775,146	1,174,214
Stock based compensation - selling and general and administrative	99,527	'	696,691	'
Total operating expenses	197,623	447,122	1,525,039	1,332,366
Loss from operations	-317,623	-463,717	-1,886,752	-1,254,866
Interest expense (including amortization of debt and preferred stock discounts, accretion of convertible promissory notes and dividends	-858,979	-1,042,795	-2,711,918	-3,204,783
Gain on extinguishment of debt	'	'	'	2,926,717
Foreign currency translation	'	13,335	-21,882	7,908
Net loss	($1,176,602)	($1,493,177)	($4,620,552)	($1,525,024)
Basic and diluted loss per share (in dollars per share)	($0.06)	($0.09)	($0.23)	($0.09)
Weighted average number of shares outstanding	'	'	'	'
Basic and diluted (in shares)	19,986,471	17,548,057	19,986,471	17,548,057

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES	'	'
Net loss	($4,620,552)	($1,525,024)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Depreciation and amortization	2,799	9,414
Amortization of note discount	1,878,431	2,524,908
Amortization of beneficial conversion feature of convertible debt	'	'
Accretion of interest on notes payable	550,931	405,368
Stock based compensation	696,691	'
Interest and exchange rate differences	1,896	'
Issuance of Preferred Stock - Series B	1	'
Gain on extinguishment of debt	'	-2,926,717
Loss on disposal and abandonment of property and equipment	42,603	'
Decrease in net liability for severance pay	-26,250	2,464
Increase (decrease) in cash attributable to changes in operating assets and liabilities	'	'
Accounts receivable	'	-8,757
Inventory	5,236	115,638
Prepaid expenses and other current assets	33,830	45,056
Accounts payable	198,461	498,112
Accrued expenses and other current liabilities	791,158	-133,665
Net cash used in operating activities	-444,765	-993,203
CASH FLOWS FROM INVESTING ACTIVITIES	'	'
Proceeds from disposal of property and equipment	900	'
Purchases of property and equipment	'	-7,263
Net cash provided by (used in) investing activities	900	-7,263
CASH FLOWS FROM FINANCING ACTIVITIES	'	'
Proceeds from notes payable	302,700	'
Proceeds from (payments of) loan payable - bank	15,377	-45,624
Proceeds from issuance of convertible notes and preferred stock	'	1,035,612
Repayment of loans payable - related parties	'	-833
Net cash provided by financing activities	318,077	989,155
DECREASE IN CASH	-125,788	-11,311
CASH - BEGINNING OF PERIOD	125,982	43,726
CASH - END OF PERIOD	194	32,415
Supplemental disclosures of cash flow information:	'	'
Cash paid for interest	'	'

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
BASIS OF PRESENTATION	Sep. 30, 2013
Organization, Consolidation and Presentation Of Financial Statements [Abstract]	'
BASIS OF PRESENTATION	'
	NOTE 1 - BASIS OF PRESENTATION

	The accompanying unaudited condensed consolidated financial statements of IDO Security Inc. (hereinafter, “IDO” or the “Company”) have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and with Rule 8-03 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the nine months ended September 30, 2013, are not necessarily indicative of the results that may be expected for the year ending December 31, 2013. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012, as filed with the Securities and Exchange Commission.

	The accompanying consolidated financial statements have been prepared assuming the Company will continue as a going concern. At September 30, 2013, the Company had not achieved profitable operations, had accumulated losses of $54.5 million (since inception), a working capital deficiency of $23.2 million and expects to incur further losses in the development of its business. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

	The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations or management’s ability to find sources of equity capital. The Company needs to raise significant funds on an immediate basis in order to continue to meet its liquidity needs, realize its business plan and maintain operations. The Company’s current cash resources are not sufficient to support its operations as presently conducted or permit it to take advantage of business opportunities that may arise. Management of the Company is continuing its efforts to secure funds through equity and/or debt instruments for its operations. Presently, the Company does not have any financing commitment from any person, and there can be no assurance that additional capital will be available to the Company on commercially acceptable terms or at all.

	The Company has been funding its operations from the net proceeds from the private placements of its convertible securities and short-term debt. From December 2007 through September 2013, the Company received net proceeds of approximately $7.6 million from the proceeds of the private placement to certain accredited investors of its Secured Convertible Promissory Notes, Convertible Preferred Stock and Bridge Loans.

	The financial statements do not include any adjustments that might result from the outcome of this uncertainty. There can be no assurance that management will be successful in implementing a business plan or that the successful implementation of a business plan will actually improve the Company’s operating results.

	Effective April 2013, the Company’s subsidiary IDO Security Ltd. (“IDO Ltd.”), terminated all commercial activities in Israel. All employees have been terminated and office premises have been closed. The cessation of activities by IDO Ltd. is a result of the litigation outcome discussed in Note 11. Product manufacturing and sales and marketing have been outsourced to a third party on a non-exclusive basis.

RECENTLY_ISSUED_ACCOUNTING_PRO

RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS	9 Months Ended
RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS	Sep. 30, 2013
Accounting Changes and Error Corrections [Abstract]	'
RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS	'
	NOTE 2 - RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

	Management does not believe that any other recently issued, but not yet effective, accounting standard if currently adopted would have a material effect on the accompanying financial statements.

NET_LOSS_PER_SHARE

NET LOSS PER SHARE	9 Months Ended
NET LOSS PER SHARE	Sep. 30, 2013
Earnings Per Share [Abstract]	'
NET LOSS PER SHARE	'
	NOTE 3 - NET LOSS PER SHARE

	Basic loss per share is computed by dividing net income loss by the weighted-average number of shares of common stock outstanding during the period. Diluted loss per share gives effect to dilutive convertible securities, options, warrants and other potential common stock outstanding during the period, only in periods in which such effect is dilutive. The following securities have been excluded from the calculation of net loss per share, as their effect would be anti-dilutive:

		Shares of Common Stock
		Issuable upon
		Conversion/Exercise
		as of
		September 30,
		2013		2012
	Warrants		4,014,477		16,181
	Convertible notes		21,254		20,989
	Stock options		667		1,130
	Convertible preferred stock		37,655		35,615

FAIR_VALUE_OF_FINANCIAL_INSTRU

FAIR VALUE OF FINANCIAL INSTRUMENTS	9 Months Ended
FAIR VALUE OF FINANCIAL INSTRUMENTS	Sep. 30, 2013
Fair Value Disclosures [Abstract]	'
FAIR VALUE OF FINANCIAL INSTRUMENTS	'
	NOTE 4 - FAIR VALUE OF FINANCIAL INSTRUMENTS

	Substantially all of the Company’s financial instruments, consisting primarily of cash and cash equivalents, accounts payable and accrued expenses, other current liabilities and certain convertible notes, are carried at, or approximate, fair value because of their short-term nature or because they carry market rates of interest.

INVENTORIES

INVENTORIES	9 Months Ended
INVENTORIES	Sep. 30, 2013
Inventory Disclosure [Abstract]	'
INVENTORIES	'
	NOTE 5 – INVENTORIES

	Inventories, consisting of completed devices, devices partially completed and components are valued at the lower of cost determined by the moving-average basis or market. The value of the inventories is adjusted for estimated obsolescence or unmarketable inventory equal to the difference between the cost of inventory and the estimated market value based upon assumptions about future demand and market conditions.

	Inventories at September 30, 2013 consisted of components totaling $63,426 and partially completed and completed devices totaling $115,059. Inventories at December 31, 2012 consisted of components totaling $60,667 and partially completed and completed devices totaling $123,054.

BANK_LINE_OF_CREDIT

BANK LINE OF CREDIT	9 Months Ended
BANK LINE OF CREDIT	Sep. 30, 2013
Debt Disclosure [Abstract]	'
BANK LINE OF CREDIT	'
	NOTE 6 – BANK LINE OF CREDIT

	During the nine months ended September 30, 2013, one of the banks of IDO Ltd. in Israel honored credit card payment obligations to vendors. At September 30, 2013, the Company owed the bank $15, 377.

NOTES_PAYABLE

NOTES PAYABLE	9 Months Ended
NOTES PAYABLE	Sep. 30, 2013
Notes Payable [Abstract]	'
NOTES PAYABLE	'
	NOTE 7 – NOTES PAYABLE

	In November 2012, the Company issued a note to a 2008 Investor in the aggregate amount of $69,500. The note bore interest at the rate of 2.5% and was due at the earlier of (i) April 1, 2014 or (ii) the receipt by the Company of the amount of a Threshold New Transaction (as defined).

	In March 2013, the Company issued a note to a 2008 Investor in the aggregate amount of $100,000. The note bore interest at the rate of 2.5% and was due at the earlier of (i) April 1, 2014 or (ii) the receipt by the Company of the amount of a Threshold New Transaction (as defined).

	In April 2013, the Company issued a note to a 2008 Investor in the aggregate amount of $50,000. The note bore interest at the rate of 2.5% and was due at the earlier of (i) April 1, 2014 or (ii) the receipt by the Company of the amount of a Threshold New Transaction (as defined).

	In May 2013, the Company issued a note to a 2008 Investor in the aggregate amount of $120,000. The note bore interest at the rate of 2.5% and was due at the earlier of (i) May 8, 2014 or (ii) the receipt by the Company of the amount of a Threshold New Transaction (as defined).

	In September 2013, the Company issued notes to two 2008 Investors in the aggregate amount of $32,700. The notes bear interest at the rate of 2.5% and are due at the earlier of (i) one year from the issuance dates in September 2013 or (ii) the receipt by the Company of the amount of a Threshold New Transaction (as defined). The notes are secured by substantially all of the assets of the Company.

	All of the notes are secured by substantially all of the assets of the Company. At September 30, 2013 and December 31, 2012, notes payable amounted to $372,200 and $69,500, respectively.

PRIVATE_PLACEMENT_OF_CONVERTIB

PRIVATE PLACEMENT OF CONVERTIBLE PROMISSORY NOTES	9 Months Ended
	Sep. 30, 2013
Private Placement Of Convertible Promissory Notes [Abstract]	'
PRIVATE PLACEMENT OF CONVERTIBLE PROMISSORY NOTES	'
	NOTE 8 - PRIVATE PLACEMENT OF CONVERTIBLE PROMISSORY NOTES

	Convertible promissory notes consist of the following:

			September			December 31,
			30, 2013			2012
			(Unaudited)

	2008 Notes - secured and convertible - see (i) below		$	1,956,945		$	1,956,945

	December 2008 Notes - secured and convertible – see (ii) below			815,062			815,062

	2009 - 2011 Notes - secured and convertible - see (iii) below			4,010,579			4,010,579

	2012 Notes - secured and convertible - see (iv) below			1,337,723			1,337,723

	Total			8,120,309			8,120,309

	Less: Discount			(3,227,718	)		(4,055,917	)
				4,892,591			4,064,392
	Less: Current Portion			(2,149,308	)		(2,112,601	)

	Total		$	2,743,283		$	1,951,791

	(i) Secured Convertible Promissory Notes

	Between December 5, 2007 and January 24, 2008, the Company raised gross proceeds of $5,404,550 from the private placement to certain accredited institutional and individual investors (the “2008 Investors”) of its 10% Secured Convertible Promissory Notes (collectively, the “2008 Notes”, each a ”2008 Note”). The transactions were effected pursuant to a Subscription Agreement, dated as of December 5, 2007 between the Company and the 2008 Investors.

	In connection with the issuance of the 2008 Notes, the Company issued to the 2008 Investors, warrants (the “2008 Investor Warrants”) to purchase up to 1,802 post-split shares of the Company’s Common Stock at an adjusted per share price of $450. The warrants include a ‘cashless exercise’ provision.




	The 2008 Notes were originally convertible into shares of Common Stock at the holder’s option at any time at an initial conversion price of $3,000 per post-split share (the “Fixed Conversion Price”), subject to adjustment in the event of certain capital adjustments or similar transactions, such as a stock split or merger and as further described below. Interest on the 2008 Notes accrues at the rate of 10% per annum and is payable upon a required monthly repayment or upon maturity, whichever occurs first, and will continue to accrue until the 2008 Notes are fully converted and/or paid in full.

	Commencing on the fourth month anniversary of the issuance of the 2008 Notes and on the same day of each month thereafter until the principal amount of the 2008 Notes has been paid in full, the Company was required to prepay 5% of the aggregate principal amount of the 2008 Notes originally issued, together with all accrued interest due and payable on the entire outstanding amount up to such repayment date (each such date, a “Scheduled Payment Date”).

	The 2008 Notes were originally scheduled to mature in December 2009 and were extended several times to December 31, 2011. The non-payment of the outstanding balance of these notes upon maturity on December 31, 2011 constituted an Event of Default under the transaction documents with the 2008 Investors. The pertinent documents provide that any action by the investors upon such default (i.e., acceleration of the debt and other remedies) can only be initiated by the holders of 65% or more of the outstanding principal amount of the notes, representing the requisite Majority in Interest under the transaction documents. Such action had not been commenced by the note holders. In April 2012, the requisite Majority in Interest waived all existing Events of Default through June 30, 2012. In May 2012, the requisite Majority in Interest agreed to certain modifications of the terms of the 2008 Notes (see (vii) Modification of Debt).

	To secure the Company’s obligations to the 2008 Investors, the Company granted a security interest in substantially all of its assets, including without limitation, its intellectual property. The security interest terminates upon payment or satisfaction of all of Company’s obligations under the 2008 Notes.

	The Company undertook to file a registration statement by a prescribed period under the Securities Act of 1933, as amended (the “Registration Statement”) with respect to the resale of the Common Stock underlying the 2008 Notes and 2008 Investor Warrants. The Company has not filed the Registration Statement and accordingly, the Company owed to the holders of these notes approximately $540,000 in liquidated damages in respect of the delay in the filing of the Registration Statement beyond the time frame specified in the agreements with such holders. At December 31, 2012, the Company owed to the holders of these notes $516,137 in liquidated damages. The non-payment of liquidated damages constitutes an Event of Default under the 2008 Notes. The pertinent documents provide that any action by the investors upon such default (i.e., acceleration of the debt and other remedies) can only be initiated by the holders of 65% or more of the outstanding principal amount of the notes. Such action has not been commenced by the note holders. The Company does not currently intend to file such registration statement as the shares issuable upon conversion of the 2008 Notes and/or the 2008 Investor Warrants are eligible to be resold under Rule 144.

	There were no payments of principal or interest in 2013.

	(ii) Secured Convertible Promissory Note and Series A Convertible Preferred Stock (“Series A Preferred”)

	Pursuant to an offering dated October 31, 2008 (the “December 2008 Private Placement”) to the holders of the 2008 Notes, on December 17, 2008, the Company realized net proceeds of $548,474, after the payment of offering related fees and expenses of $19,250, from a private placement of $1,066,540 in principal amount of 10% Secured Convertible Promissory Notes due April 20, 2010 (“collectively the “December 2008 Notes”) and 8.9 post-split shares of Series A Preferred. In addition, the Company issued to the investors warrants (the “Warrants”; together with the December 2008 Notes and the Series A Preferred, the “Purchased Securities”) to purchase in the aggregate up to 2,370 post-split shares of the Company’s Common Stock at a per share exercise price equal to $750 exercisable through October 31, 2013. The warrants include a ‘cashless exercise’ provision.

	The December 2008 Notes are convertible into shares of Common Stock at the holder’s option at any time at an initial conversion price of $450 per share (the “Fixed Conversion Price”), subject to adjustment in the event of certain capital adjustments or similar transactions, such as a stock split or merger and as further described below. Interest on the December 2008 Notes accrues at the rate of 10% per annum and is payable upon a required repayment (discussed below) or upon maturity, whichever occurs first, and will continue to accrue until the December 2008 Notes are fully converted and/or paid in full.

	Commencing on April 30, 2009, and thereafter on the last day of each subsequent calendar month until the principal amount of the December 2008 Notes has been paid in full, the Company is required to prepay 8.33% of the aggregate principal amount of the December 2008 Notes originally issued, together with all accrued interest due and payable on the entire outstanding amount up to such repayment date. The amount may be paid, at the Company’s election, either in (i) cash, at 110% of the principal amount due and 100% of all other amounts due or (ii) shares of Common Stock as defined; provided, that, if such monthly amount is to be paid with shares of Common Stock, it will be automatically deferred unless the holder gives notice to the Company at least five (5) days before a repayment date that the holder will accept payment of such monthly amount in the form of Common Stock.

	The Company’s obligations under the December 2008 Notes are secured by a security interest in substantially all of its assets pursuant to a prior Security Agreement dated as of December 24, 2007 between it and the purchasers of the 2008 Notes.

	Holders of the Purchased Securities are subject to certain limitations on their rights to convert the securities. The principal limitation is that the holder may not, with certain limited exceptions, convert into a number of shares that would, together with other shares held by the holder, exceed 4.99% or 9.99% of the then outstanding shares of the Company after such conversion and/or exercise.

	The December 2008 Notes were originally scheduled to mature on April 30, 2010 and were extended several times to December 31, 2011. The non-payment of the outstanding balance of these notes upon maturity on December 31, 2011 constituted an Event of Default under the transaction documents. The pertinent documents provide that any action by the investors upon such default (i.e., acceleration of the debt and other remedies) can only be initiated by the holders of 65% or more of the outstanding principal amount of the notes, representing the requisite Majority in Interest under the transaction documents. Such action had not been commenced by the note holders. In April 2012, the requisite Majority in Interest waived all existing Events of Default through June 30, 2012. In May 2012, the requisite Majority in Interest agreed to certain modifications of the terms of the 2008 Notes (see (vii) Modification of Debt).

	There were no payments of principal or interest in 2013.

	(iii) 2009 - 2011 Notes and Series A Preferred

In April 2009, the holders of the 2008 Notes and the December 2008 Notes consented to the placement of 10% secured convertible promissory notes, Series A Preferred and warrants, all on the substantive terms identical to those prevailing with respect to the December 2008 Private Placement discussed at further length in Note 7(ii) above.

	●	In 2009, the Company raised net proceeds of $1,332,500 from the private placement to certain holders of the December 2008. The Company issued $1,432,500 in principal amount of 2009 Notes and 11.9 post-split shares of Series A Preferred. In connection with such investment, the Company issued to the holders of the 2009 Notes, five-year warrants to purchase in the aggregate up to 3,183 post-split shares of the Company’s common stock at per share exercise price equal to $750.

	●	In 2010, the Company raised net proceeds of $318,940 from the private placement to certain holders of the December 2008 Notes. The Company issued $318,940 in principal amount of 2010 Notes and 2.7 post-split shares of Series A Preferred. In connection with such investment, the Company issued to the holders of the 2010 Notes, five- year warrants to purchase in the aggregate up to 709 post-split shares of the Company’s common stock at per share exercise price equal to $750.

	●	In 2011, the Company raised net proceeds of $2,359,134 which includes $1,456,880 of rolled over notes payable and accrued interest in addition to $902,254 of new invested capital, from four holders of the December 2008 Notes. The Company issued $2,359,134 in principal amount of 2011 Notes and 19.7 post-split shares of Series A Preferred. In connection with such investments, the Company issued to the holders of the 2011 Notes, five year warrants to purchase in the aggregate up to 5,242 post-split shares of the Company’s Common Stock at per share exercise price equal to $750.


The warrants include a ‘cashless exercise’ provision.

Commencing on the six month anniversary date of the various notes, and on the same day of each subsequent calendar month thereafter until the principal amount of the various notes has been paid in full, the Company is required to prepay 8.33% of the aggregate principal amount of the various notes originally issued, together with all accrued interest due and payable on the entire outstanding amount up to such repayment date.

The various notes were scheduled to mature at various dates and were extended to December 31, 2011. The non-payment of the outstanding balance of a significant portion of these notes upon maturity on December 31, 2011 constituted an Event of Default under the transaction documents. The pertinent documents provide that any action by the investors upon such default (i.e., acceleration of the debt and other remedies) can only be initiated by the holders of 65% or more of the outstanding principal amount of the notes. Such action had not been commenced by the note holders. In April 2012, the requisite Majority in Interest waived all existing Events of Default through June 30, 2012. In May 2012, the requisite Majority in Interest agreed to certain modifications of the terms of the various notes (see (vii) Modification of Debt).

There were no payments of principal or interest in 2013.

(iv) 2012 Notes and Series A Preferred

For the year ended December 31, 2012, the Company raised net proceeds $1,337,723 from holders of the December 2008 Notes and two new investors. The Company issued $1,337,723 in principal amount of 10% secured convertible promissory notes (“2012 Notes”) and 11.14 post-split shares of Series A Preferred. In connection with such investments, the Company issued five-year warrants to purchase in the aggregate up to 2,972 post-split shares of the Company’s Common Stock at per share exercise price equal to $750.The warrants include a ‘cashless exercise’ provision.

Commencing on the six month anniversary date of the 2012 Notes, and on the same day of each subsequent calendar month thereafter until the principal amount of the Notes has been paid in full, the Company is required to prepay 8.33% of the aggregate principal amount of the Notes originally issued, together with all accrued interest due and payable on the entire outstanding amount up to such repayment date. In May 2012, the requisite Majority in Interest agreed to certain modifications of the terms of the 2012 Notes (see (vii) Modification of Debt).

There were no payments of principal or interest in 2013.

(v) Priority of Payments of Notes

In December 2011, the holders of approximately 74% of the outstanding principal amount of the Notes at that time agreed that Notes issued after December 15, 2011 (“New Notes”) shall be accorded first lien priority in the collateral (as defined) and that any repayment obligations currently owing on Notes issued on or before October 26, 2011 shall be subordinated to the repayment obligations incurred by the Company in connection with the New Notes. The consenting holders represented more than the requisite Majority in Interest required under the transaction documents for this matter, and accordingly their agreement is binding upon all note holders.

(vi) Modification of Debt

In May 2012, the holders of approximately 73% of the outstanding principal amount of the Notes waived all Events of Default and consented to a modification of the note terms. Under the modification, effective January 1, 2012:

	●	The Company may deem the maturity date of the outstanding notes (including any issued after January 1, 2012) to be December 31, 2015.

	●	The interest rate payable has been reduced to 2.5% per annum.

	●	The determination of the number of shares of Common Stock for purposes of the repayment of the Monthly Amount through the issuance of Common Stock shall be made by dividing the Monthly Amount by $0.30 (post-split), subject to further adjustment as provided in the Notes with respect to certain corporate events.

The Company accounted for the modification of the terms of the notes, as described above, as an extinguishment of debt in accordance with FASB ASC Subtopic 470-50, “ Debt: Modifications and Extinguishment .” The Company deemed the terms of the modification to be substantially different and treated the Notes as extinguished and exchanged for new notes. As such, it was necessary to reflect the Notes at fair value. In addition, any remaining unamortized debt discounts were expensed.

In accordance with FASB ASC subtopic 820-10, “ Fair Value Measurement – Overall ,” the value of the Notes was determined utilizing level 3 inputs. The fair value of the Notes was determined based on an effective rate of return of approximately 31%, which approximates the return of a high risk note. As a result, the face amount of the remaining principal balance of $5,483,839 was written down to its fair market value of $1,566,704. This discount is being amortized to the amended date of maturity unless paid or converted earlier. The Company recognized a gain on debt extinguishment of $2,926,717, which included the expensing of unamortized debt discounts totaling $990,418.

(vii) Maturities of Convertible Promissory Notes

The maturities on the Notes are $2,161,747 were payable through 2013 and $5,958,562 payable in 2015.

CAPITAL_TRANSACTIONS

CAPITAL TRANSACTIONS	9 Months Ended
	Sep. 30, 2013
Stockholders' Equity Note [Abstract]	'
CAPITAL TRANSACTIONS	'
	NOTE 9 - CAPITAL TRANSACTIONS

	Series A Preferred

	Shares of Preferred Stock have not been registered and are restricted under the securities laws and pay a dividend of 10% per annum on the stated value. So long as the Series A Preferred is outstanding, unless waived by the holders of 66 2/3% of the Series A Preferred then outstanding, the dividend rate shall increase to 15%. In addition, shares of the Series A Preferred do not vote separately as a class (but do vote on an “as-converted” to common stock basis) and have a liquidation preference equal to the stated value of the shares. Each share of Preferred Stock has a stated post-split value of $300,000 and is convertible into post-split shares of the Company’s common stock at $450 per share.

	Commencing on the issuance date, and thereafter on the last day of each subsequent calendar month, the Company is required to redeem 8.33% of the aggregate outstanding stated value of the Series A Preferred until the stated value and all accrued dividends have been paid in full. Redemption payments on the Series A Preferred may be made, at the election of the Company, in cash or shares of Common Stock, in the same manner as provided above with respect to the December 2008 Notes, subject to automatic deferral in the case of payment in shares unless the holder gives notice to the Company of such holder’s agreement to accept payment in shares. As a result of the redemption provisions, the Series A Preferred was not classified as permanent equity and dividends and deemed dividends are included in interest expense.

	The dividends are cumulative commencing on the issue date whether or not declared. For the nine months ended September 30, 2013 and 2012, the Company declared dividends totaling $276,887 and $267,208, respectively. For the three months ended September 30, 2013 and 2012, the Company declared dividends totaling $93,310 and $93,311, respectively. At September 30, 2013 and December 31, 2012, dividends payable total $2,627,158 and $2,350,272, respectively, and are included in accounts payable and accrued liabilities. For the nine months ended September 30, 2013 and 2012, dividends and deemed dividends totaled $1,601,162 and $2,472,052, respectively. For the three months ended September 30, 2013 and 2012, dividends and deemed dividends totaled $473,240 and $760,851, respectively. Such amounts have been included in interest expense.




	The non-payment of the accrued dividends and the redemption of the Series A Preferred constituted Events of Default under the Certificate of Designation. In May 2012, in connection with the note modification, the stockholders of approximately 71% of the outstanding amount of Series A Preferred agreed that effective January 1, 2012:

		●	Waived the Events of Default under the Certificate of Designation at any time prior to and through May 2012. In addition, the stockholders waived any Events of Default that may arise through December 31, 2015.

		●	To eliminate the 10% dividend on their holdings.

		●	They further agreed that the determination of the number of shares of Common Stock for purposes of the payment of the Monthly Amount through the issuance of Common Stock shall be made by dividing the Monthly Amount by $0.30 (post-split), subject to further adjustment as provided in the Notes with respect to certain corporate events.

	The maturities on the Series A Preferred are $13,946,737 that were payable through 2013 and $373,712 payable in 2014.

	Series B Preferred Stock (“Series B Preferred”)

	On September 30, 2013, the Company filed the Series B Preferred Stock Certificate of Designation with the Secretary of State of Nevada (the “Certificate of Designation”) authorizing 100 shares of Series B Preferred Stock and establishing the rights thereof.

	As set forth in the Certificate of Designation, each one (I) share of the Series B Preferred has voting rights equal to (x) 0.019607 multiplied by the total issued and outstanding shares of the Company’s Common Stock eligible to vote at the time of the respective vote (the “Numerator”), divided by (y) 0.49, minus (z) the Numerator. For purposes of illustration only, if the total issued and outstanding shares of Common Stock eligible to vote at the time of the respective vote is 5,000.000 the voting rights of one share of the Series B Preferred shall be equal to 102,036 (0.019607 x 5,000,000) / 0.49) - (0.019607 x 5,000,000) =02,036). With respect to all matters upon which stockholders are entitled to vote or to which stockholders are entitled to give consent, the holders of the outstanding shares of Series B Preferred shall vote together with the holders of Common Stock without regard to class, except as to those matters on which separate class voting is required by applicable law or the Articles of Incorporation or bylaws.

	The stated value of each share of Series B Preferred is $0.001. There is no dividend due or payable and there are no liquidation rights. Unless otherwise voted on by disinterested members of the Board of Directors, the Company shall redeem all shares of Series B Preferred for $1 on September 30, 2015. As a result of the redemption provision, the Series B Preferred was not classified as permanent equity.

	Effective September 30, 2013, the Company issued 100 shares (the “Shares”) of its Series B Preferred to Mr. Magdiel Rodriguez (Director and Chief Executive Officer of the Company) solely for voting purposes. One share of Series B Preferred has the voting equivalent of not less than 0.67% of the issued and outstanding common stock (representing a super majority voting power) of the vote required to approve any action, in which the shareholders of the Company’s Common Stock may vote.

	Derivative Liabilities

	In connection with the issuances of equity instruments or debt, the Company may issue options or warrants to purchase common stock. In certain circumstances, these options or warrants may be classified as liabilities, rather than as equity. In addition, the equity instrument or debt may contain embedded derivative instruments, such as conversion options or listing requirements, which in certain circumstances may be required to be bifurcated from the associated host instrument and accounted for separately as a derivative liability instrument. The Company accounts for derivative liability instruments under the provisions of FASB ASC 815, “Derivatives and Hedging.”

	The Company issued warrants, Series A Preferred and Notes under various private placements. On October 22, 2012, the Company issued Common Stock for the conversion of Series A Preferred and Notes. Due to these issuances, the Company did not have enough available shares of authorized Common Stock to issue to the various security holders had all of the convertible securities been converted and/or exercised. As a result, the value of the warrants has to be recognized as a liability. In addition, the Company evaluated the conversion terms of the Notes and Series A Preferred to determine if such terms gave rise to embedded derivatives that would need to be accounted for separately. The Company determined that the lack of authorized shares to satisfy the conversion requirements if all of the securities were converted resulted in the conversion features being embedded derivatives that must be bifurcated and recorded as derivative liabilities. In addition, the Company would be required to revalue the derivative liabilities at the end of each reporting period with the change in value reported on the statement of operations. The Company did not account for these derivative liabilities in its financial statements as it was determined to not be material.

	On November 8, 2012, the Company issued a warrant to purchase 4 million shares of Common Stock that contained a put option. As defined in the warrant, the warrant holder has the right to put the warrant back to the Company if the Company does not file a proxy statement (as defined) on or before May 6, 2013 to increase the number of shares of its authorized common stock. As of May 6, 2013, such proxy statement was not filed. The warrant holder is entitled to receive the greater of (i) the difference between the exercise price of the warrants of $0.30 and the 20-day average price of the Company’s Common Stock for the period preceding May 6, 2013 and (ii) $0.10 per share. The put option created a derivative liability which the Company valued at $0.10 per share as the Company’s stock price was below the strike price and has declined further since issuance. At both September 30, 2013 and December 31, 2012, the value of the warrant liability was $400,000.

	Deferred Compensation and Stock Based Compensation

	As discussed above, a warrant to purchase 4 million shares of Common Stock, valued at $895,745, was issued on November 8, 2012 as partial consideration for a nine-month advisory agreement. The value of the warrant was recognized as deferred compensation and is being amortized over the term of the agreement. At September 30, 2013 and December 31, 2012, the unamortized balance of deferred compensation was $0 and $696,691, respectively. For the nine and three months ended September 30, 2013, the Company recognized stock compensation expense of $696,691 and $99,527, respectively, and such expense is included in selling and general and administrative expenses.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
RELATED PARTY TRANSACTIONS	Sep. 30, 2013
Related Party Transactions [Abstract]	'
RELATED PARTY TRANSACTIONS	'
	NOTE 10 – RELATED PARTY TRANSACTIONS

	At September 30, 2013 and December 31, 2012, loans payable to related parties amounted to $161,376 and $159,480, respectively. Transactions were as follows:

	IDO Ltd. received non-interest bearing advances from a 2008 Investor (as defined in Note 8(i)). The advances are due on demand. At both September 30, 2013 and December 31, 2012, the Company owed $38,821.

	In November 2012, IDO Ltd. borrowed $75,000 under a loan agreement with the same 2008 Investor. The loan bears interest at the rate of 10% per annum and is secured by the inventory held by IDO Ltd. The principal and accrued interest are due on demand. At both June 30, 2013 and December 31, 2012, the Company owed principal of $75,000. Accrued interest owed at September 30, 2013 and December 31, 2012 was $2,729 and $833, respectively.

	The Company received working capital loans from certain non-management affiliated stockholders of IDO Ltd. Amounts owed on the loans aggregated to $44,826 at both September 30, 2013 and December 31, 2012.

COMMITMENT_AND_CONTINGENCIES

COMMITMENT AND CONTINGENCIES	9 Months Ended
COMMITMENT AND CONTINGENCIES	Sep. 30, 2013
Commitments and Contingencies Disclosure [Abstract]	'
COMMITMENT AND CONTINGENCIES	'
	NOTE 11 – COMMITMENT AND CONTINGENCIES

	Lawsuits

	(i) As the Company previously disclosed, in November 2012, the Tel-Aviv District Labor Court (the “District Court”) ruled in favor of Mr. Gil Stiss (“Stiss”), a former officer/director of IDO Ltd., in the lawsuit brought by Stiss against IDO Ltd. In the lawsuit which Stiss commenced in October 2009 against IDO Ltd. and a former director and the then General Manager of IDO Ltd., and which was first disclosed in the Company’s quarterly report on Form 10-Q for the quarter ended September 30, 2009, Stiss sought the payment of amounts purportedly due and payable to him under his employment agreement with IDO Ltd. Stiss was awarded judgment in the approximate amount of 1,475,000 in New Israeli Shekels (ILS), which is equivalent to approximately $418,000 at the time of the filing of this report, with interest and cost of living index adjustments computed from May 10, 2009 (“Judgment”). Stiss’ suit against the then officers/directors of IDO Ltd. was dismissed. The Company was not a party to the lawsuit.

	On December 20, 2012, IDO Ltd. filed a motion with the District Court to stay execution of the Judgment pending appeal and, on December 23, 2012, IDO Ltd. filed its appeal (the “Appeal”) of the Judgment with the National Labor Court (“National Court”). On January 13, 2013, the District Court partially accepted the motion to stay execution of the Judgment in excess of ILS 500,000 provided that, IDO Ltd. paid the amount of ILS 500,000 into the District Court by February 15, 2013. IDO Ltd. elected to not make such payment. On January 17, 2013, IDO Ltd. filed a follow-up motion with the National Court to stay execution of the Judgment pending appeal. On March 5, 2013 the National Court dismissed the motion to stay execution of the Judgment. In March 2013, Stiss moved to collect on the judgment and in connection therewith, has obtained liens on assets and bank accounts of IDO Ltd. As of the filing of this report, the Company estimates that the total amount due under the Judgment, including interest and living costs adjustments amounts as well as collection costs are approximately ILS 2,000,000, which is equivalent to approximately $562,000 at September 30, 2013 and $566,000 at the time of the filing of this report. Contacts with Stiss respecting a resolution and settlement of the matter are ongoing. No assurance can be provided that any successful resolution is possible or will in fact be reached. A reserve for lawsuit in the amount of $548,000 and $470,000 has been accrued at September 30, 2013 and December 31, 2012, respectively.

	As of the date of this report, the Appeal of the Judgment with the National Court is pending and no assurances can be provided as to the ultimate disposition of the Appeal. In April 2013, Stiss filed a motion to dismiss the Appeal as IDO Ltd. has not complied with the Judgment (payment of amounts due). On August 8, 2013, the National Court rejected Stiss’ motion, provided that IDO Ltd. paid into the National Court ILS 7,500 (approximately $2,200) to cover anticipated court costs of Stiss. Such amount was paid into the court by the specified date.

	In light of the foregoing, in April 2013, IDO Ltd. terminated all commercial activities in Israel. All employees have been terminated and office premises have been closed. There is no substantial activity currently being undertaken by IDO Ltd. and IDO Ltd. disposed of or abandoned most of its property and equipment. For the nine and three months ended September 30, 2013, the Company recognized a loss of $42,604 and $0, respectively, which is included in selling and general and administrative expenses.

	Effective March 11, 2013, we and a third party engaged in the distribution, operation and maintenance of medical devices entered into a representation and manufacturing agreement pursuant to which the third party has been granted non-exclusive manufacturing rights of Company products and will also be granted the right to assist the Company in the management of sales, marketing and distribution of our products. While no assurance can be provided, we believe that the manufacturing activities formerly conducted by IDO Ltd. can be satisfactorily performed by such third party.

	In addition, IDO Ltd. is subject to litigation by terminated employees in respect of severance and other payments that may be due to them under Israeli law. As of the date of the filing of this report, the Company cannot estimate the amount of any loss that may result.

	(ii) On July 23, 2012, a complaint was filed in the San Diego Superior Court against the Company, certain officers and directors, and other unrelated companies, alleging violations of California restrictions on unsolicited commercial e-mails. Under the relevant California statute, violators are subject to pay damages of up to $1,000 for each spam email to each recipient. The plaintiff alleges he received 19 spam emails relating to the Company. The plaintiff dismissed his second cause of action for violations of the Consumer Legal Remedies Act and is no longer seeking a preliminary injunction.

	On September 24, 2012, the Company filed its answer denying the allegations and asserted affirmative defenses and in response to a motion to quash service of process, on November 30, 2012, the court dismissed the Company’s officers and directors who were named in the Complaint. We believe that this lawsuit, as it applies to the Company, is baseless and we intend to vigorously defend our rights.

	Representation and Manufacturing Agreement

	As discussed above, the Company signed a representation and management agreement. In consideration for all services rendered, the Company agreed to pay a monthly fee of $40,000 commencing January 1, 2013.

	Employment Agreement

	On June 5, 2013, the Company appointed Magdiel Rodriguez as its Chief Executive Officer. Effective September 16, 2013, the Company and Mr. Rodriguez entered into an Employment Agreement (the “Employment Agreement”) relating to Mr. Magdiel’s remuneration. Pursuant to the Employment Agreement, Mr. Rodriguez will receive an annual base salary of $100,000, the payment of which is being deferred until such time as our financial condition permits us to make payments thereon. In addition, subject to his continued employment and subject further to the increase in the number of our authorized and unissued shares of Common Stock, in the event of Change in Control (as defined in the Employment Agreement) Mr. Rodriguez will be entitled to 3.5 million shares of our common stock (the “Shares”). In the event the employment of Mr. Rodriguez is terminated for any reason other than cause, then he is entitled to receive the Shares.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	9 Months Ended
SUBSEQUENT EVENTS	Sep. 30, 2013
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	NOTE 12 – SUBSEQUENT EVENTS

	On October 7, 2013, the holder of the majority of the Company voting equity securities authorized, at the recommendation of the Company’s Board of Directors, an increase the number of shares of Common Stock to 400,000,000. The increase will become effective upon the filing with the Secretary of State of Nevada of a certificate of amendment to the Certificate of Incorporation reflecting the increase. The Company expects to file the amendment in November 2013.

	Management has evaluated subsequent events through the date of this filing.

NET_LOSS_PER_SHARE_Tables

NET LOSS PER SHARE (Tables)	9 Months Ended
NET LOSS PER SHARE (Tables)	Sep. 30, 2013
Earnings Per Share [Abstract]	'
Schedule of securities excluded from the calculation of net loss per share	'

		Shares of Common Stock
		Issuable upon
		Conversion/Exercise
		as of
		September 30,
		2013		2012
	Warrants		4,014,477		16,181
	Convertible notes		21,254		20,989
	Stock options		667		1,130
	Convertible preferred stock		37,655		35,615

PRIVATE_PLACEMENT_OF_CONVERTIB1

PRIVATE PLACEMENT OF CONVERTIBLE PROMISSORY NOTES (Tables)	9 Months Ended
PRIVATE PLACEMENT OF CONVERTIBLE PROMISSORY NOTES (Tables)	Sep. 30, 2013
Private Placement Of Convertible Promissory Notes [Abstract]	'
Schedule of convertible promissory notes	'

		September			December 31,
		30, 2013			2012
		(Unaudited)

	2008 Notes - secured and convertible - see (i) below	$	1,956,945		$	1,956,945

	December 2008 Notes - secured and convertible – see (ii) below		815,062			815,062

	2009 - 2011 Notes - secured and convertible - see (iii) below		4,010,579			4,010,579

	2012 Notes - secured and convertible - see (iv) below		1,337,723			1,337,723

	Total		8,120,309			8,120,309

	Less: Discount		(3,227,718	)		(4,055,917	)
			4,892,591			4,064,392
	Less: Current Portion		(2,149,308	)		(2,112,601	)

	Total	$	2,743,283		$	1,951,791

BASIS_OF_PRESENTATION_Detail_T

BASIS OF PRESENTATION (Detail Textuals) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Organization, Consolidation and Presentation Of Financial Statements [Abstract]	'	'
Accumulated deficit	($54,516,284)	($49,895,732)
Working capital deficiency	($23,200,000)	'

BASIS_OF_PRESENTATION_Detail_T1

BASIS OF PRESENTATION (Detail Textuals 1) (USD $)	70 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013
Organization, Consolidation and Presentation Of Financial Statements [Abstract]	'
Net proceeds from the private placements of its convertible securities and short-term debt	$7.60

NET_LOSS_PER_SHARE_Details

NET LOSS PER SHARE (Details)	9 Months Ended
NET LOSS PER SHARE (Details)	Sep. 30, 2013	Sep. 30, 2012
Warrants	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Shares of Common Stock Issuable upon Conversion/Exercise	4,014,477	16,181
Convertible notes	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Shares of Common Stock Issuable upon Conversion/Exercise	21,254	20,989
Stock options	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Shares of Common Stock Issuable upon Conversion/Exercise	667	1,130
Convertible preferred stock	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Shares of Common Stock Issuable upon Conversion/Exercise	37,655	35,615

INVENTORIES_Detail_Textuals

INVENTORIES (Detail Textuals) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Inventory Disclosure [Abstract]	'	'
Inventories, devices partially completed	$63,426	$60,667
Inventories, completed devices	$115,059	$123,054

BANK_LINE_OF_CREDIT_Detail_Tex

BANK LINE OF CREDIT (Detail Textuals) (USD $)	Sep. 30, 2013
Debt Disclosure [Abstract]	'
Bank line of credit	$15,377

NOTES_PAYABLE_Detail_Textuals

NOTES PAYABLE (Detail Textuals) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	31-May-13	Apr. 30, 2013	Mar. 31, 2013	Nov. 30, 2012
			Notes Payable	Notes Payable	Notes Payable	Notes Payable	Notes Payable
			2008 Investors	2008 Investors	2008 Investors	2008 Investors	2008 Investors
Debt Instrument [Line Items]	'	'	'	'	'	'	'
Principal amount secured convertible promissory notes	'	'	$32,700	$120,000	$50,000	$100,000	$69,500
Interest rate on notes payable	'	'	2.50%	2.50%	2.50%	2.50%	2.50%
Notes payable	$372,200	$69,500	'	'	'	'	'

PRIVATE_PLACEMENT_OF_CONVERTIB2

PRIVATE PLACEMENT OF CONVERTIBLE PROMISSORY NOTES - Convertible promissory notes (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Debt Instrument [Line Items]	'	'
Less: Current Portion	$2,149,308	$2,112,601
Total	2,743,283	1,951,791
Convertible promissory notes	'	'
Debt Instrument [Line Items]	'	'
Total	8,120,309	8,120,309
Less: Discount	-3,227,718	-4,055,917
Convertible notes payable, net of discount	4,892,591	4,064,392
Less: Current Portion	-2,149,308	-2,112,601
Total	2,743,283	1,951,791
Convertible promissory notes \| 2008 December Notes	'	'
Debt Instrument [Line Items]	'	'
Total	1,956,945	1,956,945
Convertible promissory notes \| December 2008 Notes - secured and convertible	'	'
Debt Instrument [Line Items]	'	'
Total	815,062	815,062
Convertible promissory notes \| 2009 - 2011 Notes - secured and convertible	'	'
Debt Instrument [Line Items]	'	'
Total	4,010,579	4,010,579
Convertible promissory notes \| 2012 Notes - secured and convertible	'	'
Debt Instrument [Line Items]	'	'
Total	$1,337,723	$1,337,723

PRIVATE_PLACEMENT_OF_CONVERTIB3

PRIVATE PLACEMENT OF CONVERTIBLE PROMISSORY NOTES (Detail Textuals) (Convertible promissory notes, 2008 Notes - secured and convertible - interest at 10%, Private Placement, 2008 Investors, USD $)	2 Months Ended	12 Months Ended
	Jan. 24, 2008	Dec. 31, 2012
Convertible promissory notes \| 2008 Notes - secured and convertible - interest at 10% \| Private Placement \| 2008 Investors	'	'
Debt Instrument [Line Items]	'	'
Gross proceeds from issuance of secured convertible promissory notes from private placement	$5,404,550	$1,337,723
Interest rate on promissory notes	10.00%	'

PRIVATE_PLACEMENT_OF_CONVERTIB4

PRIVATE PLACEMENT OF CONVERTIBLE PROMISSORY NOTES (Detail Textuals 1) (Convertible notes, 2008 Notes - secured and convertible - interest at 10%, 2008 Investors, USD $)	9 Months Ended
	Sep. 30, 2013
Debt Instrument [Line Items]	'
Initial conversion price for conversion of notes into shares of common stock (in dollars per share)	$3,000
Prepayment rate of aggregate principal amount of notes	5.00%
Percentage of outstanding principal investment holders required for action against default in payment	65.00%
Warrants	'
Debt Instrument [Line Items]	'
Maximum number of post split common shares called by warrants	1,802
Adjusted price per share	450

PRIVATE_PLACEMENT_OF_CONVERTIB5

PRIVATE PLACEMENT OF CONVERTIBLE PROMISSORY NOTES (Detail Textuals 2) (2008 Notes - secured and convertible - interest at 10%, Investors, USD $)	9 Months Ended	12 Months Ended
	Sep. 30, 2013	Dec. 31, 2012
2008 Notes - secured and convertible - interest at 10% \| Investors	'	'
Debt Instrument [Line Items]	'	'
Liquidated damages on delay in filing registration statement	$540,000	'
Liquidated damages in respect of the delay in the filing of the registration statement, outstanding amount	'	$516,137

PRIVATE_PLACEMENT_OF_CONVERTIB6

PRIVATE PLACEMENT OF CONVERTIBLE PROMISSORY NOTES (Detail Textuals 3) (USD $)	9 Months Ended			1 Months Ended				1 Months Ended
	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2013	Apr. 30, 2009	Sep. 30, 2013	Sep. 30, 2013	Oct. 31, 2008	Dec. 17, 2008	Dec. 17, 2008
		Holders of purchased securities	Holders of purchased securities	Convertible notes	Convertible notes	Convertible notes	Convertible notes	Convertible notes	Convertible notes
		Minimum	Maximum	December 2008 Notes	December 2008 Notes	December 2008 Notes	December 2008 Notes	December 2008 Notes	December 2008 Notes
						Warrants	Warrants	Series A Preferred Stock	December 2008 Private Placement
						Investors	Investors		Investors
Debt Instrument [Line Items]	'	'	'	'	'	'	'	'	'
Proceeds from issuance of convertible notes and preferred stock	$1,035,612	'	'	'	'	'	'	'	$548,474
Fees and expenses related to issue of December 2008 Private Placement	'	'	'	'	'	'	'	'	19,250
Interest rate on promissory notes	'	'	'	'	'	'	'	'	10.00%
Principal amount secured convertible promissory notes	'	'	'	'	'	'	'	'	$1,066,540
Number of post-split share issued	'	'	'	'	'	'	'	8.9	'
Maximum number of post split common shares called by warrants	'	'	'	'	'	'	2,370	'	'
Conversion of investor warrants into post-split shares of common stock (in dollars per share)	'	'	'	'	'	'	750	'	'
Conversion price of convertible 2008 notes into common stock (in dollars per share)	'	'	'	'	'	$450	'	'	'
Prepayment rate of aggregate principal amount of notes	'	'	'	8.33%	'	'	'	'	'
Cash payable as a percentage of principal due to convertible notes December 2008	'	'	'	110.00%	'	'	'	'	'
Cash payable as a percentage of other amounts due to convertible notes December 2008	'	'	'	100.00%	'	'	'	'	'
Notice days before repayment date	'	'	'	'5 days	'	'	'	'	'
Permissible percentage of aggregate shares held by holders of the Purchased Securities after conversion	'	4.99%	9.99%	'	'	'	'	'	'
Percentage of outstanding principal investment holders required for action against default in payment	'	'	'	'	65.00%	'	'	'	'

PRIVATE_PLACEMENT_OF_CONVERTIB7

PRIVATE PLACEMENT OF CONVERTIBLE PROMISSORY NOTES (Detail Textuals 4) (Convertible notes, USD $)

1 Months Ended

9 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

9 Months Ended

12 Months Ended

2 Months Ended

12 Months Ended

Apr. 30, 2009

Sep. 30, 2013

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Dec. 17, 2008

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Sep. 30, 2013

Oct. 31, 2008

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Jan. 24, 2008

Dec. 31, 2012

December 2008 Notes

2009 - 2011 Notes

Warrants

Series A Preferred Stock

Investors

Private Placement

2009 - 2011 Notes

December 2008 Notes

2009 - 2011 Notes

2008 Notes

Warrants

Rolled Over Notes Payable

2008 Notes

December 2008 Notes

2009 - 2011 Notes

Investors

2008 Notes

December 2008 Notes

2008 Notes

Debt Instrument [Line Items]

Interest rate on promissory notes

10.00%

Proceeds from issuance of private placement

$2,359,134

$318,940

$1,332,500

$5,404,550

$1,337,723

Proceeds from contributed capital

1,456,880

Accrued interest on notes

902,254

Short-term notes issues aggregate principal amount

$2,359,134

$318,940

$1,432,500

Number of post-split share issued

8.9

19.7

2.7

11.9

Maximum number of post split common shares called by warrants

5,242

709

3,183

1,802

2,370

Conversion of investor warrants into post-split shares of common stock (in dollars per share)

750

450

750

Term of warrants issued

'5 years

Prepayment rate of aggregate principal amount of notes

8.33%

5.00%

Percentage of outstanding principal investment holders required for action against default in payment

65.00%

PRIVATE_PLACEMENT_OF_CONVERTIB8

PRIVATE PLACEMENT OF CONVERTIBLE PROMISSORY NOTES (Detail Textuals 5) (Convertible notes, USD $)	9 Months Ended	12 Months Ended		2 Months Ended	12 Months Ended			12 Months Ended
	Sep. 30, 2013	Dec. 31, 2012	Dec. 31, 2012	Jan. 24, 2008	Dec. 31, 2012	Dec. 31, 2012	Sep. 30, 2013	Dec. 31, 2012
	2008 December Notes	2012 Notes	2012 Notes	Private Placement	Private Placement	Private Placement	Warrants	Warrants
	Two Investors		Series A Preferred Stock	2008 December Notes	2008 December Notes	2012 Notes	2008 December Notes	2012 Notes
				Two Investors	Two Investors		Two Investors
Debt Instrument [Line Items]	'	'	'	'	'	'	'	'
Interest rate on promissory notes	'	10.00%	'	10.00%	'	'	'	'
Proceeds from issuance of private placement	'	'	'	$5,404,550	$1,337,723	'	'	'
Short-term notes issues aggregate principal amount	'	'	'	'	'	$1,337,723	'	'
Number of post-split share issued	'	'	11.14	'	'	'	'	'
Term of warrants issued	'	'	'	'	'	'	'	'5 years
Maximum number of post split common shares called by warrants	'	'	'	'	'	'	1,802	2,972
Conversion of investor warrants into post-split shares of common stock (in dollars per share)	'	'	'	'	'	'	450	750
Prepayment rate of aggregate principal amount of notes	5.00%	8.33%	'	'	'	'	'	'

PRIVATE_PLACEMENT_OF_CONVERTIB9

PRIVATE PLACEMENT OF CONVERTIBLE PROMISSORY NOTES (Detail Textuals 6) (USD $)	9 Months Ended	1 Months Ended	9 Months Ended
	Sep. 30, 2012	Dec. 31, 2011	Sep. 30, 2013	Dec. 31, 2012	31-May-12	Sep. 30, 2013
		Convertible notes	Convertible notes	Convertible notes	Convertible notes	Convertible notes
						2008 Investors
Debt Instrument [Line Items]	'	'	'	'	'	'
Percentage of outstanding principal accorded first lien priority	'	74.00%	'	'	'	'
Percentage of outstanding principal amount holders waived	'	'	'	'	73.00%	'
Reduced interest rate percentage	'	'	'	'	'	2.50%
Dividing factor to the number of shares of common stock	'	'	'	'	'	$0.30
Effective rate of return for determination of fair value of the notes approximately	'	'	'	'	'	31.00%
Residual portion of principal amount of debt instrument written down to fair value	'	'	'	'	'	5,483,839
Fair market value of notes	'	'	'	'	'	1,566,704
Gain on extinguishment of debt	2,926,717	'	2,926,717	'	'	'
Unamortized debt discounts	'	'	3,227,718	4,055,917	'	990,418
Maturities on the notes, payable through 2013	'	'	2,161,747	'	'	'
Maturities on the notes, payable in 2015	'	'	$5,958,562	'	'	'

CAPITAL_TRANSACTIONS_Detail_Te

CAPITAL TRANSACTIONS (Detail Textuals) (USD $)	1 Months Ended	3 Months Ended		9 Months Ended
CAPITAL TRANSACTIONS (Detail Textuals) (USD $)	31-May-12	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Stockholders Equity Note [Line Items]	'	'	'	'	'	'
Preferred stock, shares authorized	'	6,600	'	6,600	'	6,600
Series A Preferred Stock	'	'	'	'	'	'
Stockholders Equity Note [Line Items]	'	'	'	'	'	'
Dividend rate of preferred stock	'	'	'	10.00%	'	'
Percentage of series A preferred outstanding held by shareholder	'	'	'	'66 2/3%	'	'
Increased dividend rate of preferred stock	'	'	'	15.00%	'	'
Stated post split value of each share of preferred stock	'	'	'	$300,000	'	'
Convertible price each share of preferred stock	'	'	'	$450	'	'
Percentage of series A preferred outstanding redeemed	'	'	'	8.33%	'	'
Dividends declared	'	$93,310	$93,311	$276,887	$267,208	'
Dividends payable	'	2,627,158	'	2,627,158	'	2,350,272
Dividends and deemed dividends included in interest expense	'	473,240	760,851	1,601,162	2,472,052	'
Percentage of outstanding amount of shares A preferred held	71.00%	'	'	'	'	'
Percentage of dividend to eliminate	'	'	'	10.00%	'	'
Dividing factor to the number of shares of common stock	'	0.3	'	0.3	'	'
Redemption payments on series A preferred 2013	'	13,946,737	'	13,946,737	'	'
Redemption payments on series A preferred 2014	'	373,712	'	373,712	'	'
Series B Preferred Stock	'	'	'	'	'	'
Stockholders Equity Note [Line Items]	'	'	'	'	'	'
Preferred stock, shares authorized	'	100	'	100	'	'
Description of preferred stock in Certificate of Designation	'	'	'	'As set forth in the Certificate of Designation, each one (I) share of the Series B Preferred has voting rights equal to (x) 0.019607 multiplied by the total issued and outstanding shares of the Company's Common Stock eligible to vote at the time of the respective vote (the "Numerator"), divided by (y) 0.49, minus (z) the Numerator. For purposes of illustration only, if the total issued and outstanding shares of Common Stock eligible to vote at the time of the respective vote is 5,000.000 the voting rights of one share of the Series B Preferred shall be equal to 102,036 (0.019607 x 5,000,000) / 0.49) - (0.019607 x 5,000,000) =02,036).	'	'
Stated value of each share	'	$0.00	'	$0.00	'	'
Preferred stock to be redeemed, value	'	$1	'	$1	'	'
Series B Preferred Stock \| Magdiel Rodriguez	'	'	'	'	'	'
Stockholders Equity Note [Line Items]	'	'	'	'	'	'
Preferred stock, shares issued	'	100	'	100	'	'
Description of stock voting rights	'	'	'	'	'	'
Description of stock voting rights	'	'	'	One share of Series B Preferred Stock has the voting equivalent of not less than 0.67% of the issued and outstanding common stock (representing a super majority voting power) of the vote required to approve any action, in which the shareholders of the Company’s Common Stock may vote.	'	'

CAPITAL_TRANSACTIONS_Detail_Te1

CAPITAL TRANSACTIONS (Detail Textuals 1) (Warrants, USD $)	0 Months Ended
CAPITAL TRANSACTIONS (Detail Textuals 1) (Warrants, USD $)	Nov. 08, 2012	Sep. 30, 2013	Dec. 31, 2012
Warrants	'	'	'
Derivative [Line Items]	'	'	'
Maximum number of post split common shares called by warrants	4,000,000	'	'
Exercise price of warrants	0.3	'	'
Number of days to calculate average price of common stock	'20 days	'	'
Additional price per share	$0.10	'	'
Stock price per share	$0.10	'	'
Warrant liability recorded	'	$400,000	$400,000

CAPITAL_TRANSACTIONS_Detail_Te2

CAPITAL TRANSACTIONS (Detail Textuals 2) (USD $)	3 Months Ended	9 Months Ended	12 Months Ended	0 Months Ended
	Sep. 30, 2013	Sep. 30, 2013	Dec. 31, 2012	Nov. 08, 2012
				Warrants
				Advisory Agreement
Stockholders Equity Note [Line Items]	'	'	'	'
Maximum number of post split common shares called by warrants	'	'	'	4,000,000
Term specified for advisory agreement	'	'	'	'9 months
Amount of common stock shares to be issued under warrant	'	'	'	$895,745
Unamortized balance of deferred compensation	'	0	696,691	'
Stock based compensation - selling and general and administrative	$99,527	$696,691	'	'

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Detail Textuals) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Related Party Transaction [Line Items]	'	'
Loans payable - related parties	$161,376	$159,480
2008 Investors	'	'
Related Party Transaction [Line Items]	'	'
Loans payable - bank	38,821	38,821
Non Management Affiliated Stockholders	'	'
Related Party Transaction [Line Items]	'	'
Loans payable - bank	$44,826	$44,826

RELATED_PARTY_TRANSACTIONS_Det1

RELATED PARTY TRANSACTIONS (Detail Textuals 1) (2008 Investors, Loan Agreement, Commercial Bank Loan, USD $)	1 Months Ended
	Nov. 30, 2012	Sep. 30, 2013	Jun. 30, 2013	Dec. 31, 2012
2008 Investors \| Loan Agreement \| Commercial Bank Loan	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Amount borrowed under loan agreement	$75,000	'	'	'
Interest rate on notes payable	10.00%	'	'	'
Principal amount secured convertible promissory notes	'	'	75,000	75,000
Accrued interest	'	$2,729	'	$833

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Detail Textuals)	0 Months Ended		1 Months Ended	2 Months Ended	3 Months Ended	9 Months Ended
	Feb. 15, 2013	Jan. 13, 2013	Jul. 23, 2012	Sep. 16, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Aug. 08, 2013	Aug. 08, 2013	Dec. 31, 2012
	ILS	ILS	USD ($)	USD ($)	USD ($)	USD ($)	ILS	USD ($)	ILS	USD ($)
			Email
Commitments and Contingencies Disclosure [Abstract]	'	'	'	'	'	'	'	'	'	'
Damages awarded judgment amount	'	'	'	'	'	$418,000	1,475,000	'	'	'
Partially accept minimum amount of motion to stay execution of judgment	'	500,000	'	'	'	'	'	'	'	'
Amount paid to legal authority	500,000	'	'	'	'	'	'	'	'	'
Total amount due under the Judgment	'	'	'	566,000	'	562,000	2,000,000	'	'	'
Accrued reserve for lawsuit	'	'	'	'	548,000	548,000	'	'	'	470,000
Payment made to national court	'	'	'	'	'	'	'	2,200	7,500	'
Recognized loss	'	'	'	'	0	42,604	'	'	'	'
Amount of damages for each spam email to each recipient	'	'	1,000	'	'	'	'	'	'	'
Number of spam emails received by plaintiff	'	'	19	'	'	'	'	'	'	'
Monthly fee to be paid against consideration for services rendered	'	'	'	'	'	$40,000	'	'	'	'

COMMITMENT_AND_CONTINGENCIES_D

COMMITMENT AND CONTINGENCIES (Detail Textuals 1) (Magdiel Rodriguez, Employment Agreement, USD $)	0 Months Ended
Share data in Millions, unless otherwise specified	Sep. 16, 2013
Magdiel Rodriguez \| Employment Agreement	'
Loss Contingencies [Line Items]	'
Annual base salary	$100,000
Number of authorized and unissued shares of common stock entitled	3.5

SUBSEQUENT_EVENTS_Detail_Textu

SUBSEQUENT EVENTS (Detail Textuals)	Sep. 30, 2013	Dec. 31, 2012	Oct. 07, 2013
SUBSEQUENT EVENTS (Detail Textuals)	Sep. 30, 2013	Dec. 31, 2012	Subsequent Event
Subsequent Event [Line Items]	'	'	'
Common stock, shares authorized	20,000,000	20,000,000	400,000,000