10 - Stock Options and Warrants (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following presents a summary of activity under the Company’s 2004 and 2007 Plans for the nine months ended September 30, 2012 (unaudited):

	Number of Shares			Price per Share		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value
Options outstanding at December 31, 2011		6,600,688		$	—	$	0.12		4.16	$	146,028
Granted		13,500,000		0.04 to 0.044			0.04
Exercised		—			—		—
Forfeited/expired		(1,479,607	)		—		0.18
Options outstanding at September 30, 2012		18,621,081		$		$	0.06		4.16	$	765,476
Options vested and expected to vest in the future at September 30, 2012		18,621,081		$		$	0.06		4.16	$	765,476
Options exercisable at September 30, 2012		15,246,081		$		$	0.06		4.08	$	630,476

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]

Additional information with respect to the outstanding options at September 30, 2012 is as follows:

		Options Outstanding						Options Exercisable
Exercise Prices		Number of Shares		Average Remaining Contractual Life (in Years)		Weighted Average Exercise Price		Number of Shares		Weighted Average Exercise Price
$	0.01		1,049,141		1.25	$	0.01		1,049,141	$	0.01
	0.01		154,039		1.50		0.01		154,039		0.01
	0.01		431,307		1.75		0.01		431,307		0.01
	0.01		123,231		2.25		0.01		123,231		0.01
	0.01		277,269		3.00		0.01		277,269		0.01
	0.25		1,900,000		5.00		0.25		1,900,000		0.25
	0.04		13,500,000		4.50		0.04		10,125,000		0.04
	0.01		338,884		3.00		0.01		338,884		0.01
	0.01		643,880		3.25		0.01		643,880		0.01
	0.01		110,907		3.25		0.01		110,907		0.01
	0.01		92,423		3.50		0.01		92,423		0.01
			18,621,081						15,246,081