Stock Options (Tables)

6 Months Ended

Jun. 30, 2012

Stock Options [Abstract]

Schedule of Stock Option Activity

A summary of the Company's stock option plans as of June 30, 2012, and changes during the six-month period then ended is presented below:

	Six Months Ended June 30, 2012
	Number of Options		Weighted Average Exercise Price
Options outstanding at December 31, 2011		2,993,972	$	.37
Options granted		905,000		.14
Options exercised		-		-
Options cancelled		10,000		.14
Options expired		10,000		.37
Options at end of period		3,878,972		.32
Options exercisable at June 30, 2012		2,107,528		.42

A summary of the Company's stock option plans as of June 30, 2012, and changes during the three-month period then ended is presented below:

	Three Months Ended June 30, 2012
	Number of Options		Weighted Average Exercise Price
Options outstanding at March 31, 2012		3,888,972	$	.37
Options exercised		-		-
Options cancelled		-		-
Options expired		10,000		.37
Options at June 30, 2012		3,878,972		.32
Options exercisable at June 30, 2012		2,107,528		.42

Schedule of Nonvested Share Activity

Changes in the Company's unvested options for the six months ended June 30, 2012 are summarized as follows:

	Six Months Ended June 30, 2012
	Number of Options		Weighted Average Exercise Price
Non-Vested options at December 31, 2011		1,561,699	$	.25
Options granted		905,000		.14
Options vested		685,255		.35
Options cancelled		10,000		.14
Non-Vested options at June 30, 2012		1,771,444		.13

Changes in the Company's unvested options for the three months ended June 30, 2012 are summarized as follows:

	Three Months Ended June 30, 2012
	Number of Options		Weighted Average Exercise Price
Non-Vested options at March 31, 2012		2,168,444	$	.14
Options granted		-		-
Options vested		387,000		.29
Options cancelled		10,000		.14
Non-Vested options at June 30, 2012		1,771,444		.13

Schedule of Shares Authorized under Stock Option Plans, by Exercise Price Range

Options Outstanding						Options Exercisable
Range of Exercise Price	Number Outstanding		Remaining Average Contractual Life (In Years)		Weighted Average Exercise Price		Number Exercisable		Weighted Average Exercise Price
$ .14 - $1.70		3,834,972		3.88	$	.30		2,063,528	$	.25
$1.99 - $2.60		44,000		.83		2.31		44,000		2.31
Totals		3,878,972		6.15	$	.32		2,107,528	$	.42