STOCK OPTION ACTIVITY (Tables)

12 Months Ended

Dec. 31, 2012

Stock option activity

Stock option activity

A summary of stock option activity as of December 31, 2012, and changes during the year then ended is presented below:

			Weighted-
		Weighted-	Average
		Average	Remaining	Aggregate
		Exercise	Contractual	Intrinsic
	Shares	Price	Term (Years)	Value
Outstanding at December 31, 2011	310,000	$        3.03
Forfeited	(50,000)	2.54
Expired	(235,000)	3.19
Outstanding at December 31, 2012	25,000	$        2.54	0.40	$            -
Exercisable at December 31, 2012	25,000	$        2.54	0.40	$            -