Stock Options, Warrants and Restricted Stock Awards

6 Months Ended

Jun. 30, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

Note 6. Stock Options, Warrants and Restricted Stock Awards

Stock Options and Warrants

There are currently no outstanding common stock options or warrants.

Restricted Stock

A summary of the activity of the restricted stock for the three months ended June 30, 2013 is shown below.

	Shares		Weighted Average Grant- Date Fair Value
Non Vested Balance at December 31, 2012		1,100,000	$	0.0186
Granted		-		-
Vested		(550,000)		0.0186
Forfeited/Cancelled		-		-
Non Vested Balance at June 30, 2013		550,000	$	0.0186

As of June 30, 2013, there was $7,102 of total unrecognized compensation costs related to stock awards. These costs are expected to be recognized over a weighted average period of less than 3 years.