Note 21 - Warrants

6 Months Ended

Jun. 30, 2012

Warrants Disclosure Textblock

21.   Warrants

The Company issued warrants in its August 2009 Financing. Warrants issued and outstanding at June 30, 2012 and changes during the six months then ended are as follows:

	Warrants Outstanding						Warrants Exercisable
	Number of underlying shares		Weighted Average Exercise Price		Average Remaining Contractual Life (years)		Number of underlying shares		Weighted Average Exercise Price		Average Remaining Contractual Life (years)
Balance, December 31, 2011 (audited)		3,005,456	$	3.41		2.21		3,005,456	$	3.41		2.21
Granted / Vested		-						-
Forfeited		-						-
Exercised		-						-
Balance, June 30, 2012 (unaudited)		3,005,456	$	3.41		1.71		3,005,456	$	3.41		1.71