Summary Of Warrant Activities (Table)

6 Months Ended

Jun. 30, 2012

Summary Of Warrant Activities

Summary Of Warrant Activities

The following is a summary of warrant activities during the six month period ended June 30, 2012: 

	Number of warrants	Weighted average exercise price
		$
Outstanding and exercisable at December 31, 2011	9,231,160	0.34
Granted	1,000,000	0.25
Outstanding and exercisable at June 30, 2012	10,231,160	0.33
Weighted average fair value of warrants granted during the year		0.04