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OPTIONS AND WARRANTS
12 Months Ended
Dec. 31, 2011
Options, Warrants and Rights Note Disclosure [Abstract]  
OPTIONS AND WARRANTS
NOTE 12 – OPTIONS AND WARRANTS
 
The following table summarizes the changes in warrants outstanding and the related exercise prices for the shares of the Company's common stock issued by the Company as of December 31, 2011 and 2010:
   
 
 
Number of
Shares
 
Weighted
Average
 Exercise
 Price
 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2009
 
 
500,000
 
$
0.35
 
Granted
 
 
 
 
 
Exercised
 
 
 
 
 
Canceled or expired
 
 
(500,000)
 
 
(0.35)
 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2010
 
 
 
 
 
Granted
 
 
496,277,915
 
 
0.004
 
Exercised
 
 
 
 
 
Canceled or expired
 
 
 
 
 
Outstanding at December 31, 2011
 
 
496,277,915
 
 
0.004