SHARE-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2012

Share-Based Compensation Tables

Schedule of Valuation Assumptions to Determine the Fair Value of Stock Options

The inputs used for the Black-Scholes option and warrant valuation model were as follows.

	September 30, 2012	September 30, 2011
	(Unaudited)	(Unaudited)
Expected life in years	0 - 5 Years	0 - 5 Years
Stock price volatility	144.34% - 148.34%	147.89% - 148.34%
Risk free interest rate	0.35%	0.03% - 2.14%
Expected dividends	None	None
Forfeiture rate	0%	0%