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Share-Based Compensation	3 Months Ended
Jun. 30, 2011
Notes to Financial Statements
Share-Based Compensation	Note 7 - Share-Based Compensation Grant of Options to Directors On October 27, 2009, in conjunction with the execution of Management Retention Agreements (the "Retention Agreement"), each of the Company's four directors was granted options to purchase 2,500,000 share of the Company's common stock at an exercise price of $0.035 per share. The Company recognized stock based compensation expense relating to the directors' options of $57,269 for the three months ended June 30, 2010. As of June 30, 2011, all directors' options have vested and there was no remaining compensation expense to be recognized. 2006 Stock Incentive Plan As of June 30, 2011, there were 1,441,000 options outstanding under the 2006 Stock Incentive Plan and 8,559,000 options are available for issuance. The company recognized stock based compensation expense of $17,790 during the three months ended June 30, 2010. At June 30, 2011, and there was no remaining compensation expense to be recognized.

Share-Based Compensation

3 Months Ended

Jun. 30, 2011

Note 7 - Share-Based Compensation

Grant of Options to Directors

On October 27, 2009, in conjunction with the execution of Management Retention Agreements (the "Retention Agreement"), each of the Company's four directors was granted options to purchase 2,500,000 share of the Company's common stock at an exercise price of $0.035 per share.

The Company recognized stock based compensation expense relating to the directors' options of $57,269 for the three months ended June 30, 2010. As of June 30, 2011, all directors' options have vested and there was no remaining compensation expense to be recognized.

2006 Stock Incentive Plan

As of June 30, 2011, there were 1,441,000 options outstanding under the 2006 Stock Incentive Plan and 8,559,000 options are available for issuance. The company recognized stock based compensation expense of $17,790 during the three months ended June 30, 2010. At June 30, 2011, and there was no remaining compensation expense to be recognized.

- Definition

Disclosure of accounting policy for stock option and stock incentive plans. This disclosure may include (1) the types of stock option or incentive plans sponsored by the entity (2) the groups that participate in (or are covered by) each plan (3) significant plan provisions and (4) how stock compensation is measured, and the methodologies and significant assumptions used to determine that measurement.

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