Stock Options and Warrants (Tables)

9 Months Ended

Sep. 30, 2013

Stock Options and Warrants [Abstract]

Summary of Stock Option Activity

The following is a summary of stock option activity and status at September 30, 2013:

		Weighted
	Stock	Average	Remaining
Options Outstanding and Exercisable	Options	Exercise Price	Contractual	Aggregate
By Quarter	#	$	Life (years)	Intrinsic value
As at December 31, 2011	1,810,000	0.550	4.28	36,500
Forfeited during quarter	(40,000)	1.300	-	-
Granted during quarter	320,000	0.250	-	-
As at March, 31, 2012	2,090,000	0.450	4.21	42,000
Granted during quarter	40,000	0.325	-	-
As at June, 30, 2012	2,130,000	0.485	3.97	34,125
Forfeited during quarter	(200,000)	1.300	-	-
Granted during quarter	-	-	-	-
As at September 30, 2012	1,930,000	0.400	3.74	52,500
Forfeited during quarter	-	-	-	-
Granted during quarter	-	-	-	-
As at December 31, 2012	1,930,000	0.400	3.51	Nil
Forfeited during quarter	-	-	-	-
Granted during quarter	-	-	-	-
As at March 31, 2013	1,930,000	0.400	3.28	Nil
Forfeited during quarter	-	-	-	-
Granted during quarter	-	-	-	-
As at June 30, 2013	1,930,000	0.400	3.06	Nil
Forfeited during quarter	-	-	-	-
Granted during quarter	-	-	-	-
As at September 30, 2013	1,930,000	0.400	2.83	Nil