Ubiquity 10-Q 14 Aug 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014	Aug. 11, 2014
Document And Entity Information [Abstract]	'	'
Entity Registrant Name	'Ubiquity Broadcasting Corp	'
Document Type	'10-Q	'
Document Period End Date	30-Jun-14	'
Amendment Flag	'false	'
Entity Central Index Key	'0001538329	'
Current Fiscal Year End Date	'--12-31	'
Entity Common Stock, Shares Outstanding	'	99,801,258
Entity Filer Category	'Smaller Reporting Company	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2014	Dec. 31, 2013
Current assets	'	'
Cash and cash equivalents	$226,316	$74,300
Accounts receivable, net	46,355	38,105
Accounts receivable - related party	100,000	'
Prepaid expenses	175,045	121,275
Loans receivable - related parties	1,110,378	563,732
Other current assets	191,182	191,182
Total current assets	1,849,276	988,594
Property and equipment, net	892,638	1,003,546
Intangible assets, net	16,264,158	14,151,440
Total assets	19,006,072	16,143,580
Current liabilities	'	'
Accounts payable	415,426	756,316
Accrued expenses	2,631,134	2,450,601
Credit cards payable	342,070	482,635
Loans payable - related parties	100,000	7,000
Current liabilities	3,488,630	3,696,552
Total Liabilities	3,488,630	3,696,552
Commitments and contingencies	'	'
Stockholders' Equity:	'	'
Preferred stock, par value $0.001, 10,000,000 shares authorized, no shares issued and outstanding	'	'
Common stock, par value $0.001, 800,000,000 shares authorized, 96,358,776 and 92,126,342 shares issued and outstanding as of June 30, 2014 and December 31, 2013, respectively	96,359	92,126
Additional paid-in-capital	134,816,695	126,142,020
Common stock to be issued	2,129,705	'
Deferred stock-based compensation	'	-312,500
Accumulated deficit	-121,525,317	-113,474,618
Total stockholders' equity	15,517,442	12,447,028
Total liabilities and stockholders' equity	$19,006,072	$16,143,580

CONSOLIDATED_BALANCE_SHEET_Par

CONSOLIDATED BALANCE SHEET (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
CONSOLIDATED BALANCE SHEETS [Abstract]	'	'
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	800,000,000	800,000,000
Common stock, shares issued	96,358,776	92,126,342
Common stock, shares outstanding	96,358,776	92,126,342
Preferred stock, par value per share	$0.00	$0.00
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]	'	'	'	'
Revenues	$14,100	$15,908	$33,150	$38,987
Revenues - related party	'	'	250,000	'
Revenues	14,100	15,908	283,150	38,987
Costs of sales	55,976	10,181	95,102	25,382
Gross profit (loss)	-41,876	5,727	188,048	13,605
Operating expenses:	'	'	'	'
Meals and entertainment	17,069	9,043	35,271	22,308
Marketing	33,739	30,460	60,942	36,026
Outside services	12,221	52,387	25,766	411,302
Payroll expense	547,163	681,357	955,627	1,081,924
Stock-based compensation	3,444,367	'	4,780,646	726,710
Office and computer	86,660	47,374	146,224	81,022
Professional fees	505,545	325,627	832,100	552,132
Rent	119,840	122,597	251,283	210,378
Travel	148,878	20,072	185,344	31,550
Taxes	2,108	'	2,311	'
Charitable contributions	17,747	5,000	25,465	5,000
Depreciation and amortization	413,352	205,395	770,454	547,791
Other operating expenses	79,457	285,324	167,314	161,650
Total operating expenses	5,428,146	1,784,636	8,238,747	3,867,793
Operating loss	-5,470,022	-1,778,909	-8,050,699	-3,854,188
Loss before provision for income taxes	-5,470,022	-1,778,909	-8,050,699	-3,854,188
Provision for income taxes	'	'	'	'
Net loss	($5,470,022)	($1,778,909)	($8,050,699)	($3,854,188)
Net loss per share: basic and diluted	($0.06)	($0.12)	($0.09)	($0.26)
Weighted average number of shares outstanding: basic and diluted	95,744,371	15,371,441	94,484,241	14,923,053

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'
Net loss	($8,050,699)	($3,854,188)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Depreciation and amortization	770,454	547,791
Stock-based compensation	4,780,646	726,710
Changes in operating assets and liabilities:	'	'
Accounts receivable	-8,250	-3,750
Accounts receivable - related party	-100,000	'
Prepaid expenses	-53,770	-26,432
Other current assets	'	-97,046
Accounts payable	-363,390	-296,606
Accrued expenses	180,533	347,911
Credit cards payable	-140,565	131
Net cash used in operating activities	-2,985,041	-2,655,479
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'
Loans to related party	-546,646	'
Purchase of property and equipment	-2,702	-166,126
Acquisition of intangible assets	-519,562	-258,166
Net cash used in investing activities	-1,068,910	-424,292
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Net proceeds from loan payable - related party	93,000	260,999
Equity issuance costs	-284,370	-179,026
Proceeds from sale of common stock	4,397,337	2,978,279
Net cash provided by financing activities	4,205,967	3,060,252
Change in cash and cash equivalents	152,016	-19,519
Cash and cash equivalents, beginning of period	74,300	118,663
Cash and cash equivalents, end of period	226,316	99,144
Supplemental disclosures of cash flow information:	'	'
Cash paid for interest	5,000	'
Cash paid for income taxes	'	'
Non-cash investing and financing activities:	'	'
Value of common shares issued for assets	2,250,000	'
Conversion of preferred stock into common stock	'	$600

ORGANIZATION_AND_NATURE_OF_BUS

ORGANIZATION AND NATURE OF BUSINESS	6 Months Ended
	Jun. 30, 2014
ORGANIZATION AND NATURE OF BUSINESS [Abstract]	'
ORGANIZATION AND NATURE OF BUSINESS	'
	NOTE 1 - ORGANIZATION AND NATURE OF BUSINESS
	Ubiquity, Inc. formerly Ubiquity Broadcasting Corporation (the "Company" or "Ubiquity") was incorporated in the State of Nevada on December 2, 2011.
	The Company is focused on the intersection of cloud based cross-platform applications synchronized across all screens for enhancing the digital lifestyle.  Ubiquity has its own studio operations, and is developing ubiquitous digital applications and digital content in connection with its intellectual property. Ubiquity's technology is seamless, simplistic, and extremely intuitive.  Ubiquity has developed products and services providing a seamless platform for access to all media and content from all devices. These products include mobile commerce, video search, and a customized interface for all personal and public files, including any media and any content from any source to any device.
	The Company is focused on becoming an industry leader in cloud-based products and services, and management expects its competitive position will be enhanced and sustained by its broad and deep portfolio of patents and intellectual property.
	Reverse Merger
	As previously reported in the Current Report on Form 8-K filed with the Securities and Exchange Commission ("SEC") on March 6, 2013. On March 5, 2013, the Company entered into an Agreement and Plan of Merger (the "Merger Agreement") with Ubiquity Broadcasting Corporation, a privately held Delaware corporation ("Ubiquity-DE"), and Ubiquity Acquisition Corp., a newly formed, wholly-owned Nevada subsidiary of ours ("Acquisition Sub"), pursuant to which Acquisition Sub was merged with and into Ubiquity-DE, and Ubiquity-DE, as the surviving corporation, became our wholly-owned subsidiary (the "Merger"). A condition to the closing of the merger was that the Company shall have received an audit report of Ubiquity-DE with respect to its two most recently completed fiscal years from an independent accounting firm that is registered with the Public Company Accounting Oversight Board. Ubiquity-DE received an audit report by Silberstein Ungar, PC dated September 20, 2013. Accordingly, the merger closed on September 20, 2013. As a result of the Merger, the Company ceased its prior operations, which were insignificant and became a multimedia company focused on the intersection of cloud-based cross platform applications synchronized across all screens for enhancing the digital lifestyle.
	The transaction was regarded as a reverse merger whereby Ubiquity-DE was considered to be the accounting acquirer as its management retained control of the Company after the Share Exchange. As a result of this accounting treatment the historical financial statements of Ubiquity-DE, the accounting acquirer, are presented for all periods presented. The financial statements of the Company, which are insignificant have been presented from the date of acquisition, deemed to September 20, 2013, forward. Pro-forma financial information has not been provided as the amounts are insignificant.
	Pursuant to the terms and conditions of the Merger Agreement:
		¨	Each share of Ubiquity-DE's common stock issued and outstanding immediately prior to the closing of the Merger was converted into the right to receive 19,838,746 shares of our common stock.  An aggregate of 19,838,746  shares of the Company's common stock were issued to the holders of Ubiquity-DE's common stock.
		¨	Pursuant to the terms of the Merger Agreement, new members of our board of directors were appointed.   Our new board of directors consists of previously the directors and officer of Ubiquity-DE.
	The purposes of the transactions described in the Form 8-K were to complete a reverse merger and complete a recapitalization of the Company with the result being that Ubiquity-DE became a wholly-owned subsidiary.  Our business operations will now focus on the business of Ubiquity-DE in the future and our management will be the management of Ubiquity-DE.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Going Concern
	The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As shown in the accompanying financial statements, the Company has negative working capital, has incurred operating losses from inception, and has not yet produced significant continuing revenues from operations. These factors raise substantial doubt about the Company's ability to continue as a going concern.
	The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event that the Company cannot continue as a going concern. Management anticipates that it will be able to raise additional working capital through the issuance of stock and through additional loans from investors.
	The ability of the Company to continue as a going concern is dependent upon the Company's ability to attain a satisfactory level of profitability and obtain suitable and adequate financing. There can be no assurance that management's plan will be successful.
	Basis of Presentation
	The accompanying unaudited interim financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the audited consolidated financial statements and notes thereto contained in the Company's Form 10-K filed with the SEC as of and for the year ended December 31, 2013. In the opinion of management, all adjustments necessary for the financial statements to be not misleading for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year.
	Principles of Consolidation
	The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary Ubiquity Broadcasting Corp., a Delaware corporation. All material inter-company accounts and transactions have been eliminated in consolidation.
	Fair Value of Financial Instruments
	The Company follows the guidance of Accounting Standards Codification ("ASC") 820 - Fair Value Measurement and Disclosure. Fair value is defined as the exit price, or the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants as of the measurement date. The guidance also establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs market participants would use in valuing the asset or liability and are developed based on market data obtained from sources independent of our Company. Unobservable inputs are inputs that reflect our Company's assumptions about the factors market participants would use in valuing the asset or liability. The guidance establishes three levels of inputs that may be used to measure fair value:
	Level 1. Observable inputs such as quoted prices in active markets;
	Level 2. Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and
	Level 3. Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.
	As of June 30, 2014 and December 31, 2013, we did not have any level 1, 2, or 3 assets or liabilities.
	Revenue Recognition
	The Company recognizes revenue when (i) persuasive evidence of an arrangement exists; (ii) delivery has occurred or services have been rendered; (iii) the sales price is fixed or determinable; and (iv) collectability is reasonably assured.  Revenue from packaged product sales to distributors and resellers is usually recorded when related products are shipped. However, when the revenue recognition criteria required for distributor and reseller arrangements are not met, revenue is recognized as payments are received. Revenues from the licensing the rights to technology and/or patents are typically recorded when access to the technology and/or patents is provided.
	Cost of Revenue
	Cost of revenue includes the direct costs to manufacture and distribute the product and the direct costs to provide online services, production, consulting, product support, licensing opportunities, training and certification of sub-contractors.
	Stock-Based Compensation
	The Company accounts for employee stock-based compensation in accordance with the guidance of ASC Topic 718: Compensation - Stock Compensation, which requires all share-based payments to employees, including grants of employee stock options, to be recognized in the financial statements based on their fair values.
	The Company follows ASC Topic 505-50, formerly EITF 96-18, "Accounting for Equity Instruments that are Issued to Other than Employees for Acquiring, or in Conjunction with Selling Goods and Services," for stock options and warrants issued to consultants and other non-employees. In accordance with ASC Topic 505-50, these stock options and warrants issued as compensation for services provided to the Company are accounted for based upon the fair value of the services provided or the estimated fair market value of the option or warrant, whichever can be more clearly determined. The fair value of the equity instrument is charged directly to compensation expense and additional paid-in capital over the period during which services are rendered.
	The Company accounts for employee stock-based compensation in accordance with the guidance of ASC Topic 718: Compensation - Stock Compensation, which requires all share-based payments to employees, including grants of employee stock options, to be recognized in the financial statements based on their fair values.
	Concentration of Credit Risks
	The Company maintains its cash and cash equivalents in bank deposit accounts, which, at times, may exceed federally insured limits. The Company has not experienced any losses in such accounts; however, amounts in excess of the federally insured limit may be at risk if the bank experiences financial difficulties.
	Use of Estimates
	Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. Examples include estimates of loss contingencies and product life cycles, and assumptions such as the elements comprising a software arrangement, including the distinction between upgrades/enhancements and new products; when the Company reaches technological feasibility for its products; the potential outcome of the future tax consequences of events that have been recognized in the Company's consolidated financial statements or tax returns; and determining when investment impairments are other-than-temporary. Actual results and outcomes may differ from these estimates and assumptions.
	Earnings Per Common and Common Equivalent Share
	The computation of basic earnings per common share is computed using the weighted average number of common shares outstanding during the year. The computation of diluted earnings per common share is based on the weighted average number of shares outstanding during the year plus common stock equivalents which would arise from the exercise of warrants outstanding using the treasury stock method and the average market price per share during the year. Options, warrants and convertible preferred stock which are common stock equivalents are not included in the diluted earnings per share calculation for the three and six months ended June 30, 2014 and 2013 since their effect is anti-dilutive.

PREPAID_EXPENSES

PREPAID EXPENSES	6 Months Ended
	Jun. 30, 2014
PREPAID EXPENSES [Abstract]	'
PREPAID EXPENSES	'
	NOTE 3 - PREPAID EXPENSES
	Prepaid expenses consisted of the following as of June 30, 2014 and December 31, 2013:
		30-Jun-14		31-Dec-13
	Commissions	$	46,309	$	46,309
	Rent		34,003		34,003
	Security deposit		39,833		39,833
	Miscellaneous		1,130		1,130
	Legal		53,770		-
	Total prepaid expenses	$	175,045	$	121,275

PROPERTY_AND_EQUIPMENT

PROPERTY AND EQUIPMENT	6 Months Ended
	Jun. 30, 2014
PROPERTY AND EQUIPMENT [Abstract]	'
PROPERTY AND EQUIPMENT	'
	NOTE 4 - PROPERTY AND EQUIPMENT
	The Company owned equipment recorded at cost which consisted of the following as of June 30, 2014 and December 31, 2013:
		30-Jun-14			31-Dec-13
	Machinery and equipment	$	477,104		$	477,104
	Office equipment		879,752			879,450
	Leasehold improvements		596,599			594,199
	Subtotal		1,953,455			1,950,753
	Accumulated depreciation		(1,060,817	)		(947,207	)
	Property and equipment, net	$	892,638		$	1,003,546
	Depreciation expense was $113,610 and $127,819 for the six months ended June 30, 2014 and 2013, respectively.

INTANGIBLE_ASSETS

INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 2014
INTANGIBLE ASSETS [Abstract]	'
INTANGIBLE ASSETS	'
	NOTE 5 - INTANGIBLE ASSETS
	The Company has capitalized costs in relation to developing and acquiring intangible assets, which consisted of the following as of June 30, 2014 and December 31, 2013:
		30-Jun-14			31-Dec-13
	Patents and trademarks	$	7,764,319		$	7,311,156
	Data compression		623,628			623,628
	Website		2,515,213			2,503,308
	Invicta immersive property		2,392,505			2,392,505
	Think Mobile Giftsender		2,597,294			2,542,800
	Think Media		400,000			400,000
	Biznexion		216,400			216,400
	Bdigital Magazine		2,028,000			2,028,000
	Monkeybars		2,250,000			-
	Goodwill		972,000			972,000
	Subtotal, intangible assets		21,759,359			18,989,797
	Accumulated amortization		(5,495,201	)		(4,838,357	)
	Intangible assets, net	$	16,264,158		$	14,151,440
	Additions to the intangible assets primarily relate to the Company's development of patents and trademarks, data compression and the WEAV website project. The Company has incurred heavy costs for intangible assets in the past and does not expect to see intangible costs level out or drop in the future as the company continues to invest and develop its intellectual property. The Company analyzes these assets typically on an annual basis, during the fourth quarter, and when there are other indicating factors. To date the Company has determined that no impairment has been necessary. Amortization expense is recorded using the straight-line method over periods ranging from ten to fifteen years.
	On April 23, 2014, the Company entered into an asset purchase agreement (the "Monkeybars Agreement") with Monkeybars Inc. ("Monkeybars") whereby the Company acquired all of the assets of Monkeybars. In exchange, the Company issued to Monkeybars 1,092,233 shares of restricted common stock, which has an aggregate value of $2,250,000, based upon a market price per share of $2.06 on the date the parties entered into the Monkeybars Agreement. Monkeybars has a music platform that combines a cloud content storage, a sharing application, and social networking search technology. The Company accounted for the transaction as an asset acquisition as Monkeybars' products acquired had yet to generate any revenues and did not constitute a business. The Company is currently evaluating the estimated life of the assets acquired but has recorded amortization expense from the date of acquisition using a ten year period.
	Amortization expense for all intangible assets was $656,844 and $419,972 for the six months ended June 30, 2014 and 2013, respectively.

ACCRUED_EXPENSES

ACCRUED EXPENSES	6 Months Ended
	Jun. 30, 2014
ACCRUED EXPENSES [Abstract]	'
ACCRUED EXPENSES	'
	NOTE 6 - ACCRUED EXPENSES
	Accrued expenses consisted of the following as of June 30, 2014 and December 31, 2013:
		30-Jun-14		31-Dec-13
	Salaries and wages	$	1,553,521	$	1,453,884
	Payroll and other taxes		1,065,727		984,831
	Interest		11,886		11,886
	Total accrued expenses	$	2,631,134	$	2,450,601

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Jun. 30, 2014
RELATED PARTY TRANSACTIONS [Abstract]	'
RELATED PARTY TRANSACTIONS	'
	NOTE 7 - RELATED PARTY TRANSACTIONS
	Compensation Related
	The Company paid or accrued bonuses related to equity raises of $284,370 and $179,026 to two officers during the six months ended June 30, 2014 and 2013, respectively. These officers receive percentages of 5% and 1.5% for all monies obtained through capital raises.
	The Company's Chief Executive Officer, Christopher ("Chris") Carmichael, has accrued salary and directors compensation of $1,166,286 and $1,053,398 as of June 30, 2014 and December 31, 2013, respectively, resulting in part from previous work done for the Company and from his new salary as President and CEO. On December 20, 2013, effective January 1, 2014, the Board of Directors approved to increase Chris Carmichael's annual salary to $525,000 and an annual grant of 171,429 options. The options were accounted for on December 20, 2013 when they were granted.
	Senior Executive Vice President Connie Jordan had accrued salary, and directors pay of $125,992 and $181,743 as of June 30, 2014 and December 31, 2013, respectively, resulting in part from previous work done for the Company and from her salary as SEVP.
	The Company provides compensation for the members of the board of directors. During the six months ended June 30, 2014, the Company accrued $245,000 in such compensation in which is included within accrued expenses on the accompanying consolidated balance sheet.
	During the six month ended June 30, 2014, the Company granted a new member of the board of directors 331,900 shares of common stock. The shares were valued at $2,369,766 based upon the closing market price of the Company's common stock on the date of performance, which was the date assigned to the board of directors.
	;
	Loans Payable - Related Parties
	The Carmichael Family has personally guaranteed two Company credit cards and has allowed the Company use of their personal credit cards as needed. Total lines of credit personally guaranteed by the Carmichael Family are up to $800,000 per month.
	The Company had certain note payables outstanding to related parties as of June 30, 2014 and December 31, 2013. Chris Carmichael was owed $100,000 and $7,000 as of June 30, 2014 and December 31, 2013, respectively. The amounts are unsecured, incur interest at 8% per annum and due on demand.
	In February 2014, the Company received a $50,000 loan from a shareholder. The proceeds from the loan were used for operations and were expected to be paid back on demand. No formal terms were ever entered into in connection with the loan. During the quarter ended June 30, 2014, the Company repaid the $50,000 loan and an additional $5,000 which was accounted for as interest expense.
	Licensing and Revenues
	On August 30, 2010, Ubiquity entered into three separate Patent Licensing Agreements with Sponsor Me, Inc., for the License of the "Immersive Advertising Patent" in the amount of $250,000, another agreement for the license of the "Lifestyle Portal" Patent in the amount of $250,000, and also a Lifestyle Portal Web and Mobile Development reimbursement agreement for the production of the Sponsor Me, Inc. web and mobile site. The balance due on these agreements was $190,915 and $190,915 as of June 30, 2014 and December 31, 2013, respectively, and included with other current assets on the accompanying balance sheets.. The Companies are related due to common shareholders including officers and directors of the Company.
	On February 19, 2014, the Company entered into a Patent Licensing Agreements with Sponsor Me, Inc., for the non-exclusive license of the intellectual products "Internet Protocol Television" in the amount of $250,000. The balance due on this agreement was $97,000 as of June 30, 2014 and is recorded as accounts receivable - related party. The Companies are related due to common shareholders including officers and directors of the Company.
	Loans Receivable - Related Parties
	As of June 30, 2014 and December 31, 2013, amounts due from a company controlled by an officer, owed the Company $859,197 and $437,812, respectively. The amount is unsecured, does not incur interest and is due on demand.
	As of June 30, 2014 and December 31, 2013, amounts due from an employee, owed the Company $251,181 and $125,920, respectively. The amount is unsecured, does not incur interest and is due on demand.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2014
STOCKHOLDERS' EQUITY [Abstract]	'
STOCKHOLDERS' EQUITY	'
	NOTE 8 - STOCKHOLDERS' EQUITY
	Reverse Stock Split
	On April 21, 2014, the Company received approval from the Financial Industry Regulatory Authority ("FINRA") to effectuate a reverse split of 3.5 to 1 (the "Reverse Split") in which each shareholder will be issued one (1) share of common stock in exchange for 3.5 shares of their currently issued common stock. The stock split has been retroactively applied to this filing.
	Preferred Stock
	During the six months ended June 30, 2013, 171,429 share of Preferred Stock were converted into 685,714 shares of common stock.
	Proceeds from Sales of Common Stock
	During the six months ended June 30, 2014 and 2013, the Company issued 2,584,257 and 1,475,758 shares of common stock for cash proceeds of $2,245,132 and $2,978,279, respectively. Equity issuance costs related to the stock issuances, as discussed above, were $284,370 and $179,026 for the six months ended June 30, 2014 and 2013, respectively. In addition, as of June 30, 2014, the Company received cash proceeds of $2,129,705 in which the shares of common stock have not been issued.
	Common Stock issued for Services
	During the six months ended June 30, 2014, the Company issued 589,872 shares of common stock for services. The Company determined the value of such shares to be $4,445,056 for the six months ended June 30, 2014 based upon the fair market value of the Company's common stock on the date of performance, which in most cases is the agreement date. Services performed in connection with these issuances relate to assignment to the board of directors, advisory services related to listing on a national exchange, marketing, broadcasting and production related services.
	On March 22, 2013, the Company entered into an agreement to retain a new co-chairman of the board. The agreement granted 71,429 shares of common stock valued at $8.75 per share for services to be rendered over a twelve month period. In July 2013, the agreement was amended to grant an additional 71,429 shares for services through February 2014. The value of the shares was being amortized over the period of service and accounted for as deferred stock-based compensation. Amortization of deferred stock-based compensation during the six months ended June 30, 2014 and 2013 was $312,500 and $0, respectively. As of June 30, 2014, all deferred stock-based compensation had been fully amortized.
	Options
	On February 1, 2013, the Company granted 71,429 stock options valued at $726,710 with exercise prices of $14.00. The options were valued on the grant dates using the Black-Scholes option-pricing model with the following assumptions: dividend yield of 0%, expected volatility of 97%, risk-free interest rates of 0.88% and expected lives of 60 months. The options were fully expensed as of June 30, 2013.
	The Company had the following options outstanding as of June 30, 2014 and December 31, 2013:
		Number of Options		Weighted Average
				Exercise Price
	Balance, December 31, 2013		1,850,234	$	9.87
	Granted		22,500		2.06
	Exercised		-		-
	Expired		-		-
	Balance, June 30, 2014		1,872,734	$	9.78

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2014
COMMITMENTS AND CONTINGENCIES [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	NOTE 9 - COMMITMENTS AND CONTINGENCIES
	On October 7, 2010, Ubiquity Broadcasting Corporation entered into a 5 year lease for a new building in the city of Irvine, CA. The new lease is to commence in the month of March, 2011. In the first and second quarters of 2011, Ubiquity experienced heavy leasehold improvements and fixed asset additions as they upgraded from an 8,629 sq. ft. building to a larger more accommodating 23,450 sq. ft. facility. Lease payments will increase from $18,250 to $37,934 monthly net and increase by roughly 3% annually. Pre-paid rent booked in 2010 will be taken in months 4, 12, 19, 24, and 30 respectively. See Note 10 for discussion of a lease entered into subsequent to quarter end.
	On December 10, 2008, Space 150, LLC and Ubiquity agreed to a payment arrangement for the final award as follows: $60,000 was paid on December 10, 2008 at the signing of the agreement and the remaining balance is to be paid out as $45,000 payable at the end of every quarter commencing March 31, 2009 and concluding March 31, 2014. Per the payment agreement Ubiquity retains the right to the website and will be delivered all of the source code and work done on the website, subsequently, Space 150 will transfer the domain names "we-av.net" and "we-av.com" upon completion of the agreement. Of the final award $614,308 was booked as the website asset, $352,661 was booked as legal fees incurred in 2008, and $42,003 was booked as interest respectively as an expense in the 2008 fiscal year. As of June 30, 2014 and December 31, 2013, Ubiquity owed Space 150, LLC $0 and $93,362, respectively. The amounts were personally guaranteed by Chris and Connie Carmichael.
	At the time of death of the former President of Ubiquity Broadcasting Corporation, Gregory Crotty had accrued $93,743 in salary, 22,857 Common Shares of Ubiquity Broadcasting Corporation, and had 200,929 options to purchase Ubiquity Broadcasting Corporation Common Shares at $5.25 per share. He also had 42,857 shares of common stock issued in his name. Ubiquity will have to issue these shares and pay the balance of his accrued salary to the proper beneficiary once established. As of June 30, 2014, an established beneficiary has yet to be named. All 200,929 options expired as of December 31, 2011 and are not included in total options outstanding.
	During the first quarter of 2013, the EDD California Employment department notified the Company with an assessment of our independent contractors that the Company may have to pay additional taxes based on our independent contractor payments for a total contingent liability of $305,885. The Company filed a formal petition as of April 22, 2013 and has not heard back on any formal final ruling. As of June 30, 2014 and December 31, 2013, the Company has not recorded a provision for the assessment as they do not believe the independent contractors meet the definition of an employee.
	On May 27, 2014, Think Design Media, Inc. ("TDM"), filed a lawsuit against the Company claiming breach of a December 2013 consulting contract.  TDM disputes the Company's cancellation of the consulting agreement for non-performance.  The estimated range of loss by the Company ranges from $0 to $460,000 which consists of the remaining monthly payments per the agreement plus the maximum amount of bonuses in which could have been earned under the contract. The Company believes that the lawsuit is without merit and that the contract was cancelled within the terms of the agreement and thus no provision for loss has been recorded as it is not probable. In July 2014, the Company filed a notice of demurrer requesting dismissal of the lawsuit as Think Design Media Inc.'s corporate status was suspended in November of 2013 and is not qualified to bring an action.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2014
SUBSEQUENT EVENTS [Abstract]	'
SUBSEQUENT EVENTS	'
	NOTE 10 - SUBSEQUENT EVENTS
	Subsequent to June 30, 2014, the Company issued approximately 697,737shares of common stock for cash proceeds of $872,171
	In July 2014, the Company revised their lease agreement for additional square footage. Under the terms of the revised lease agreement, commencing on September 1, 2014 the minimum monthly rent will be $40,953. In addition, the revised lease agreement includes annual rent increases through expiration of January 20, 2020.
	American Tec Company Limited - Pending Licensing Agreement
	On July 18, 2014, the Company entered into a letter of intent with American Tec Company Limited ("Amtec") to advance the development and distribution of Ubiquity's Sprocket software and data analytics in Asia. According to the terms of the LOI, AMTEC will assist the Company with the distribution of Sprocket throughout China, Hong Kong, South East Asia, Vietnam and India. AMTEC will further assist in the distribution structure of Sprocket and will identify key buyers that include major technology companies currently operating in the mobile technology space. Ubiquity will develop and deliver a Sprocket model to AMTEC that will be used to present to potential buyers of Ubiquity's proprietary mobile solution. Ubiquity will provide all development support of Sprocket and will help AMTEC establish Sprocket throughout Asia. The parties intend to proceed to execute definitive documents for this transaction, but there can be no assurance that such agreements will be agreed upon by the parties and that the transaction will be finalized. See the Company's 8-K filed on August 12, 2014 for additional information.
	In accordance with ASC 855-10, the Company has analyzed its operations subsequent to June 30, 2014 through the date these financial statements were issued and has determined that it does not have any material subsequent events to disclose in these financial statements other than the events described above.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'
Going Concern	'
	Going Concern
	The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As shown in the accompanying financial statements, the Company has negative working capital, has incurred operating losses from inception, and has not yet produced significant continuing revenues from operations. These factors raise substantial doubt about the Company's ability to continue as a going concern.
	The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event that the Company cannot continue as a going concern. Management anticipates that it will be able to raise additional working capital through the issuance of stock and through additional loans from investors.
	The ability of the Company to continue as a going concern is dependent upon the Company's ability to attain a satisfactory level of profitability and obtain suitable and adequate financing. There can be no assurance that management's plan will be successful.
Basis of Presentation	'
	Basis of Presentation
	The accompanying unaudited interim financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the audited consolidated financial statements and notes thereto contained in the Company's Form 10-K filed with the SEC as of and for the year ended December 31, 2013. In the opinion of management, all adjustments necessary for the financial statements to be not misleading for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year.
Principles of Consolidation	'
	Principles of Consolidation
	The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary Ubiquity Broadcasting Corp., a Delaware corporation. All material inter-company accounts and transactions have been eliminated in consolidation.
Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments
	The Company follows the guidance of Accounting Standards Codification ("ASC") 820 - Fair Value Measurement and Disclosure. Fair value is defined as the exit price, or the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants as of the measurement date. The guidance also establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs market participants would use in valuing the asset or liability and are developed based on market data obtained from sources independent of our Company. Unobservable inputs are inputs that reflect our Company's assumptions about the factors market participants would use in valuing the asset or liability. The guidance establishes three levels of inputs that may be used to measure fair value:
	Level 1. Observable inputs such as quoted prices in active markets;
	Level 2. Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and
	Level 3. Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.
	As of June 30, 2014 and December 31, 2013, we did not have any level 1, 2, or 3 assets or liabilities.
Revenue Recognition	'
	Revenue Recognition
	The Company recognizes revenue when (i) persuasive evidence of an arrangement exists; (ii) delivery has occurred or services have been rendered; (iii) the sales price is fixed or determinable; and (iv) collectability is reasonably assured.  Revenue from packaged product sales to distributors and resellers is usually recorded when related products are shipped. However, when the revenue recognition criteria required for distributor and reseller arrangements are not met, revenue is recognized as payments are received. Revenues from the licensing the rights to technology and/or patents are typically recorded when access to the technology and/or patents is provided.
Cost of Revenue	'
	Cost of Revenue
	Cost of revenue includes the direct costs to manufacture and distribute the product and the direct costs to provide online services, production, consulting, product support, licensing opportunities, training and certification of sub-contractors.
Stock-based compensation	'
	Stock-Based Compensation
	The Company accounts for employee stock-based compensation in accordance with the guidance of ASC Topic 718: Compensation - Stock Compensation, which requires all share-based payments to employees, including grants of employee stock options, to be recognized in the financial statements based on their fair values.
	The Company follows ASC Topic 505-50, formerly EITF 96-18, "Accounting for Equity Instruments that are Issued to Other than Employees for Acquiring, or in Conjunction with Selling Goods and Services," for stock options and warrants issued to consultants and other non-employees. In accordance with ASC Topic 505-50, these stock options and warrants issued as compensation for services provided to the Company are accounted for based upon the fair value of the services provided or the estimated fair market value of the option or warrant, whichever can be more clearly determined. The fair value of the equity instrument is charged directly to compensation expense and additional paid-in capital over the period during which services are rendered.
	The Company accounts for employee stock-based compensation in accordance with the guidance of ASC Topic 718: Compensation - Stock Compensation, which requires all share-based payments to employees, including grants of employee stock options, to be recognized in the financial statements based on their fair values.
Concentrations of Credit Risk	'
	Concentration of Credit Risks
	The Company maintains its cash and cash equivalents in bank deposit accounts, which, at times, may exceed federally insured limits. The Company has not experienced any losses in such accounts; however, amounts in excess of the federally insured limit may be at risk if the bank experiences financial difficulties.
Use of Estimates	'
	Use of Estimates
	Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. Examples include estimates of loss contingencies and product life cycles, and assumptions such as the elements comprising a software arrangement, including the distinction between upgrades/enhancements and new products; when the Company reaches technological feasibility for its products; the potential outcome of the future tax consequences of events that have been recognized in the Company's consolidated financial statements or tax returns; and determining when investment impairments are other-than-temporary. Actual results and outcomes may differ from these estimates and assumptions.
Earnings Per Common and Common Equivalent Share	'
	Earnings Per Common and Common Equivalent Share
	The computation of basic earnings per common share is computed using the weighted average number of common shares outstanding during the year. The computation of diluted earnings per common share is based on the weighted average number of shares outstanding during the year plus common stock equivalents which would arise from the exercise of warrants outstanding using the treasury stock method and the average market price per share during the year. Options, warrants and convertible preferred stock which are common stock equivalents are not included in the diluted earnings per share calculation for the three and six months ended June 30, 2014 and 2013 since their effect is anti-dilutive.

PREPAID_EXPENSES_Tables

PREPAID EXPENSES (Tables)	6 Months Ended
	Jun. 30, 2014
PREPAID EXPENSES [Abstract]	'
Schedule of Prepaid Expenses	'
	Prepaid expenses consisted of the following as of June 30, 2014 and December 31, 2013:
		30-Jun-14		31-Dec-13
	Commissions	$	46,309	$	46,309
	Rent		34,003		34,003
	Security deposit		39,833		39,833
	Miscellaneous		1,130		1,130
	Legal		53,770		-
	Total prepaid expenses	$	175,045	$	121,275

PROPERTY_AND_EQUIPMENT_Tables

PROPERTY AND EQUIPMENT (Tables)	6 Months Ended
	Jun. 30, 2014
PROPERTY AND EQUIPMENT [Abstract]	'
Schedule of Property and Equipment	'
	The Company owned equipment recorded at cost which consisted of the following as of June 30, 2014 and December 31, 2013:
		30-Jun-14			31-Dec-13
	Machinery and equipment	$	477,104		$	477,104
	Office equipment		879,752			879,450
	Leasehold improvements		596,599			594,199
	Subtotal		1,953,455			1,950,753
	Accumulated depreciation		(1,060,817	)		(947,207	)
	Property and equipment, net	$	892,638		$	1,003,546

INTANGIBLE_ASSETS_Tables

INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jun. 30, 2014
INTANGIBLE ASSETS [Abstract]	'
Schedule of Intangibles Assets	'
	The Company has capitalized costs in relation to developing and acquiring intangible assets, which consisted of the following as of June 30, 2014 and December 31, 2013:
		30-Jun-14			31-Dec-13
	Patents and trademarks	$	7,764,319		$	7,311,156
	Data compression		623,628			623,628
	Website		2,515,213			2,503,308
	Invicta immersive property		2,392,505			2,392,505
	Think Mobile Giftsender		2,597,294			2,542,800
	Think Media		400,000			400,000
	Biznexion		216,400			216,400
	Bdigital Magazine		2,028,000			2,028,000
	Monkeybars		2,250,000			-
	Goodwill		972,000			972,000
	Subtotal, intangible assets		21,759,359			18,989,797
	Accumulated amortization		(5,495,201	)		(4,838,357	)
	Intangible assets, net	$	16,264,158		$	14,151,440

ACCRUED_EXPENSES_Tables

ACCRUED EXPENSES (Tables)	6 Months Ended
	Jun. 30, 2014
ACCRUED EXPENSES [Abstract]	'
Schedule of Accrued Expenses	'
	Accrued expenses consisted of the following as of June 30, 2014 and December 31, 2013:
		30-Jun-14		31-Dec-13
	Salaries and wages	$	1,553,521	$	1,453,884
	Payroll and other taxes		1,065,727		984,831
	Interest		11,886		11,886
	Total accrued expenses	$	2,631,134	$	2,450,601

STOCKHOLDERS_EQUITY_Tables

STOCKHOLDERS' EQUITY (Tables)	6 Months Ended
	Jun. 30, 2014
STOCKHOLDERS' EQUITY [Abstract]	'
Summary of Options Outstanding	'
	The Company had the following options outstanding as of June 30, 2014 and December 31, 2013:
		Number of Options		Weighted Average
				Exercise Price
	Balance, December 31, 2013		1,850,234	$	9.87
	Granted		22,500		2.06
	Exercised		-		-
	Expired		-		-
	Balance, June 30, 2014		1,872,734	$	9.78

ORGANIZATION_AND_NATURE_OF_BUS1

ORGANIZATION AND NATURE OF BUSINESS (Details)	6 Months Ended
	Jun. 30, 2014
ORGANIZATION AND NATURE OF BUSINESS [Abstract]	'
Conversion of stock	19,838,746

PREPAID_EXPENSES_Details

PREPAID EXPENSES (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
PREPAID EXPENSES [Abstract]	'	'
Commissions	$46,309	$46,309
Rent	34,003	34,003
Security deposit	39,833	39,833
Miscellaneous	1,130	1,130
Legal	53,770	'
Total prepaid expenses	$175,045	$121,275

PROPERTY_AND_EQUIPMENT_Details

PROPERTY AND EQUIPMENT (Details) (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Property, Plant and Equipment [Line Items]	'	'	'
Property and equipment, gross	$1,953,455	'	$1,950,753
Less: Accumulated depreciation	-1,060,817	'	-947,207
Property and equipment, net	892,638	'	1,003,546
Depreciation expense	113,610	127,819	'
Machinery and equipment [Member]	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Property and equipment, gross	477,104	'	477,104
Office equipment [Member]	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Property and equipment, gross	879,752	'	879,450
Leasehold improvements [Member]	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Property and equipment, gross	$596,599	'	$594,199

INTANGIBLE_ASSETS_Schedule_of_

INTANGIBLE ASSETS (Schedule of Intangible Assets) (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Finite-Lived Intangible Assets [Line Items]	'	'
Subtotal, intangible assets	$21,759,359	$18,989,797
Accumulated amortization	-5,495,201	-4,838,357
Intangible assets, net	16,264,158	14,151,440
Patents and trademarks [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Subtotal, intangible assets	7,764,319	7,311,156
Data compression [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Subtotal, intangible assets	623,628	623,628
Website [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Subtotal, intangible assets	2,515,213	2,503,308
Invicta immersive property [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Subtotal, intangible assets	2,392,505	2,392,505
Think Mobile GiftSender [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Subtotal, intangible assets	2,597,294	2,542,800
Think Media [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Subtotal, intangible assets	400,000	400,000
Biznexion [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Subtotal, intangible assets	216,400	216,400
Bdigital Magazine [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Subtotal, intangible assets	2,028,000	2,028,000
Monkeybars [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Subtotal, intangible assets	2,250,000	'
Goodwill [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Subtotal, intangible assets	$972,000	$972,000

INTANGIBLE_ASSETS_Narrative_De

INTANGIBLE ASSETS (Narrative) (Details) (USD $)	1 Months Ended	6 Months Ended
	Apr. 23, 2014	Jun. 30, 2014	Jun. 30, 2013
Acquired Finite-Lived Intangible Assets [Line Items]	'	'	'
Common stock issued for acquired intangible assets	$2,250,000	'	'
Common stock issued for acquired intangible assets, shares	1,092,233	'	'
Shares issued price per share	$2.06	'	'
Amortization expense	'	$656,844	$419,972
Minimum [Member]	'	'	'
Acquired Finite-Lived Intangible Assets [Line Items]	'	'	'
Estimated useful life	'	'10 years	'
Maximum [Member]	'	'	'
Acquired Finite-Lived Intangible Assets [Line Items]	'	'	'
Estimated useful life	'	'15 years	'

ACCRUED_EXPENSES_Details

ACCRUED EXPENSES (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
ACCRUED EXPENSES [Abstract]	'	'
Salary and wages	$1,553,521	$1,453,884
Payroll and other taxes	1,065,727	984,831
Interest	11,886	11,886
Total accrued expenses	$2,631,134	$2,450,601

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details) (USD $)	6 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
Related Party Transaction [Line Items]	'	'
Accrued Salaries	$284,370	$179,026
Outstanding balance due from related party	190,915	190,915
Chris Carmichael [Member]	'	'
Related Party Transaction [Line Items]	'	'
Accrued Salaries	1,166,286	1,053,398
Options annually	171,429	'
Debt instrument, carrying amount	100,000	7,000
Debt instrument, interest rate	8.00%	8.00%
Annual salary	525,000	'
Connie Jordan [Member]	'	'
Related Party Transaction [Line Items]	'	'
Accrued Salaries	125,992	181,743
Carmichael Family [Member]	'	'
Related Party Transaction [Line Items]	'	'
Line of credit	800,000	'
Board of Directors [Member]	'	'
Related Party Transaction [Line Items]	'	'
Accrued Salaries	245,000	'
Director [Member]	'	'
Related Party Transaction [Line Items]	'	'
Shares issued	331,900	'
Value of shares issued	2,369,766	'
Shareholder [Member]	'	'
Related Party Transaction [Line Items]	'	'
Interest on borrowings	5,000	'
Proceeds from related party loan	50,000	'
Repayments of related party debt	50,000	'
Immersive Advertising Patent [Member]	'	'
Related Party Transaction [Line Items]	'	'
Outstanding balance due from related party	250,000	'
Lifestyle Portal [Member]	'	'
Related Party Transaction [Line Items]	'	'
Outstanding balance due from related party	250,000	'
Sponsor Me, Inc. [Member]	'	'
Related Party Transaction [Line Items]	'	'
Outstanding balance due from related party	250,000	'
Related party receivables	97,000	'
Affiliate [Member]	'	'
Related Party Transaction [Line Items]	'	'
Outstanding balance due from related party	859,197	437,812
Employee [Member]	'	'
Related Party Transaction [Line Items]	'	'
Outstanding balance due from related party	$251,181	$125,920

STOCKHOLDERS_EQUITY_Narrative_

STOCKHOLDERS' EQUITY (Narrative) (Details) (USD $)	0 Months Ended	1 Months Ended	6 Months Ended
	Feb. 01, 2013	Mar. 22, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]	'	'	'	'	'
Proceeds from sale of common stock	'	'	$4,397,337	$2,978,279	'
Equity issuance costs	'	'	-284,370	-179,026	'
Stock split ratio	'	'	3.5	'	'
Granted	71,429	'	22,500	'	'
Exercise price	$14	'	'	'	'
Stock options value	726,710	'	'	'	'
Expected life	'60 months	'	'	'	'
Dividend yield	0.00%	'	'	'	'
Volatility	97.00%	'	'	'	'
Risk free interest rate	0.88%	'	'	'	'
Issuance of common stock in exchange for services rendered, shares	'	71,429	589,872	'	'
Issuance of common stock in exchange for services rendered, value	'	'	4,445,056	'	'
Share Price	'	$8.75	'	'	'
Deferred Compensation Equity	'	'	'	'	$312,500
Conversion of preferred stock, shares issued	'	'	'	171,429	'
Number of common stock shares issuable for preferred stock	'	'	'	685,714	'

STOCKHOLDERS_EQUITY_Summary_of

STOCKHOLDERS' EQUITY (Summary of Options Outstanding) (Details) (USD $)	0 Months Ended	6 Months Ended
	Feb. 01, 2013	Jun. 30, 2014
Number of options	'	'
Outstanding, beginning	'	1,850,234
Granted	71,429	22,500
Exercised	'	'
Expired	'	'
Outstanding, ending	'	1,872,734
Weighted average exercise price	'	'
Outstanding, beginning	'	$9.87
Granted	'	$2.06
Exercised	'	'
Expired	'	'
Outstanding, ending	'	$9.78

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Narrative) (Details) (USD $)

0 Months Ended

3 Months Ended

6 Months Ended

6 Months Ended

0 Months Ended

Feb. 01, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2013

Mar. 22, 2013

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Dec. 10, 2008

Jun. 30, 2014

Dec. 31, 2013

Dec. 10, 2008

Minimum [Member]

Maximum [Member]

Gregory Crotty [Member]

New Building [Member]

New Building [Member]

Space 150, LLC [Member]

Space 150, LLC [Member]

Space 150, LLC [Member]

Space 150, LLC [Member]

Increase [Member]

Website [Member]

Other Commitments [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Lease payments

'

$119,840

$122,597

$251,283

$210,378

'

'

'

'

'

$18,250

$37,934

'

'

'

'

Final award payment

'

'

'

'

'

'

'

'

'

'

'

'

60,000

'

'

614,308

Quarterly payment of remaining balance

'

'

'

'

'

'

'

'

'

'

'

'

45,000

'

'

'

Legal fees

'

'

'

'

'

'

'

'

'

'

'

'

352,661

'

'

'

Interest expense

'

'

'

'

'

'

'

'

'

'

'

'

42,003

'

'

'

Due to related party

'

'

'

'

'

'

'

'

'

'

'

'

'

0

93,362

'

Accrued Salaries

'

284,370

'

284,370

'

179,026

'

'

'

93,743

'

'

'

'

'

'

Common stock issued, price per share

'

'

'

'

'

'

$8.75

'

'

$5.25

'

'

'

'

'

'

Granted

71,429

'

'

22,500

'

'

'

'

'

22,857

'

'

'

'

'

'

Options to purchase

'

'

'

'

'

'

'

'

'

200,929

'

'

'

'

'

'

Shares issued

'

'

'

'

'

'

'

'

'

42,857

'

'

'

'

'

'

Total contingent liability

'

'

'

'

'

305,885

'

'

'

'

'

'

'

'

'

'

Loss

'

'

'

'

'

'

'

$0

$460,000

'

'

'

'

'

'

'

SUBSEQUENT_EVENTS_Details

SUBSEQUENT EVENTS (Details) (Subsequent Event [Member], USD $)	6 Months Ended
	Jun. 30, 2014
Subsequent Event [Member]	'
Subsequent Event [Line Items]	'
Stock issued, shares	697,737
Stock issued, cash proceeds	$872,171
Rent expense, monthly	$40,953