Note 13 - Subsequent Event

6 Months Ended

Jun. 30, 2011

Subsequent Events [Text Block]

13. SUBSEQUENT EVENT

On July 12, 2011, the Board of Directors awarded non-qualified stock options under the 2011 Omnibus Incentive Plan representing 191,000 shares of Company stock. Sixty-seven percent of the options granted vest three years from the date of grant, with the remaining balance vesting in equal amounts on the two subsequent anniversary dates of the grant. Stock options granted expire in seven years unless grantee terminates employment for other than death or disability, in which case any vested awards expire ninety days after termination date.