Stock Options (Tables)

3 Months Ended

Mar. 31, 2013

The following is a summary of stock option activity and status at March 31, 2013:

Options Outstanding and Exercisable By Quarter	Stock Options #		Weighted Average Exercise Price $		Remaining Contractual Life (years)		Aggregate Intrinsic value
As at December 31, 2011		9,050,000		0.110		4.28		36,500
Forfeited during quarter		(200,000)		0.260		-		-
Granted during quarter		1,600,000		0.050		-		-
As at March, 31, 2012		10,450,000		0.090		4.21		42,000
Granted during quarter		200,000		0.065		-		-
As at June, 30, 2012		10,650,000		0.097		3.97		34,125
Forfeited during quarter		(1,000,000)		0.260		-		-
Granted during quarter		-		-		-		-
As at September 30, 2012		9,650,000		0.080		3.74		52,500
Forfeited during quarter		-		-		-		-
Granted during quarter		-		-		-		-
As at Dec 31, 2012		9,650,000		0.080		3.51		Nil
Forfeited during quarter		-		-		-		-
Granted during quarter		-		-		-		-
As at March 31, 2013		9,650,000		0.080		3.28		Nil