XML 57 R26.htm IDEA: XBRL DOCUMENT v2.4.0.6
WARRANTS (Tables)
12 Months Ended
Dec. 31, 2012
Warrants [Abstract]  
Schedule Of Share-Based Compensation, Warrants, Activity [Table Text Block]

During the year ended December 31, 2012, there was no warrant activity. The following table summarizes warrants outstanding:

 

    Number of
Units
    Weighted-
Average
Exercise Price
    Weighted-
Average
Remaining
Contractual Term
(in years)
    Intrinsic
value
 
                         
Outstanding at December 31, 2011     1,722,628     $ 0.41       2.1     $ 64,136  
Grants     -       -                  
Forfeitures     -       -                  
Exercises     -       -                  
                                 
Outstanding at December 31, 2012     1,722,628     $ 0.41       1.1     $ 123,169  
                                 
Exerciseable at December 31, 2012     1,722,628     $ 0.41       1.1     $ 123,169

 

Schedule Of Share-Based Compensation, Shares Authorized Under Stock Warrants, By Exercise Price Range [Table Text Block]

All warrants have been fully expensed as of December 31, 2012. The following table sets forth exercise prices of outstanding warrants at December 31, 2012.

 

Exercise Price     Number of Shares  
$ 0.10       855,145  
$ 0.18       150,000  
$ 0.20       300,000  
$1.20-$1.30       417,483  
          1,722,628