NOTES PAYABLE	6 Months Ended
NOTES PAYABLE	Jun. 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). All of the notes are secured by substantially all of the assets of the Company. At June 30, 2013 and December 31, 2012, notes payable amounted to $339,500 and $69,500, respectively. On July 1, 2013, the Company refinanced these notes through the issuance of 10% secured convertible promissory notes (“2013 Notes”). See Note 8(v) for more details. In September 2013, the Company issued notes to two 2008 Investors in the aggregate amount of $30,200. The notes bear interest at the rate of 2.5% and are due at the earlier of (i) September 10, 2014 and September 12, 2014 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.

IDO Security Inc. 10-Q