Quarterly report pursuant to sections 13 or 15(d)

LONG-TERM DEBT (Tables)

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LONG-TERM DEBT (Tables)
 9 Months Ended
Sep. 30, 2012
Debt Disclosure [Abstract]  
SCHEDULE OF LONG - TERM DEBT
    September 30, 2012   December 31, 2011
Note payable - commercial bank   $ 1,129,590     $ 1,148,448  
Notes payable, net of debt discount - asset acquisition     19,526,044       20,722,158  
      20,655,634       21,870,606  
Less: Current portion     (2,192,095 )     (1,835,240 )
    $ 18,463,539     $ 20,035,366  
SCHEDULE OF MATURITIES OF OUR LONG-TERM DEBT
Maturities as of September 30,   Total
  2013       2,192,095  
  2014       2,716,312  
  2015       3,314,257  
  2016       4,006,170  
  2017       5,327,774  
  Thereafter       4,420,362  
  Total notes payable       21,976,970  
  Less:          
  Debt discount       (1,321,336 )
  Current portion       (2,192,095 )
             
  Long-term debt, net of debt discount     $ 18,463,539