Warrants

9 Months Ended

Sep. 30, 2011

Warrants [Abstract]

Warrants Disclosure [Text Block]

5. Warrants

Warrants granted to investors, brokers and other service providers are summarized as follows:

	Warrant			Weighted Average
	Shares			Exercise Price
Outstanding at January 1, 2011		70,514,126		$	0.51
Granted		-			-
Cancelled/forfeited		(366,385	)		(0.72	)
Exercised		-			-
Outstanding at September 30, 2011		70,147,741		$	0.51

The following tables summarize warrants outstanding at September 30, 2011:

Range	Number		Weighted Average Life	Weighted Average Exercise Price		Number Exercisable
$0.43-1.20		70,147,741	2.36 years	$	0.51		59,347,741

Series	Issue Date	Outstanding at January 1, 2011		Granted		Exercised / Forfeited			Outstanding at September 30, 2011
L-1	July 2006 & January 2007		22,754,163		-		-			22,754,163
L-2	July 2006 & January 2007		7,281,332		-		-			7,281,332
M-1	July 2006 & January 2007		7,395,103		-		-			7,395,103
M-2	July 2006 & January 2007		2,366,433		-		-			2,366,433
N	July 2007		7,000,000		-		-			7,000,000
O	July 2007		4,550,000		-		-			4,550,000
P	July 2007		3,000,000		-		-			3,000,000
Q	April 2008		6,250,000		-		-			6,250,000
Replacement	July 2008		6,250,000		-		-			6,250,000
R	July 2008		2,500,000		-		-			2,500,000
Miscellaneous	2003 - 2007		1,167,095		-		(366,385	)		800,710
			70,514,126		-		(366,385	)		70,147,741