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Warrants

3 Months Ended

Mar. 31, 2015

7.	WARRANTS

No warrants were issued or expired during the quarter ending March 31, 2015. The intrinsic value of the warrant at March 31, 2015 is $0. The following table summarizes information about outstanding warrants at March 31, 2015:

Year Issued		Number Outstanding		Remaining Contractual Life in Years		Number Currently Exercisable		Weighted Average Exercise Price
	2010		16,780		0.3		16,780	$	6.26
	2011		418,780		1.7		418,7800	$	4.84
	2012		49,447		2.8		49,447	$	7.58
	Total		485,007		1.8		485,007	$	5.17