Warrants

3 Months Ended

Mar. 31, 2012

Warrants [Text Block]

Note 7. Warrants

During the three months ended March 31, 2012, there were no warrants exercised.  At March 31, 2012, the following warrants were outstanding and exercisable:

Warrants granted in connection with :	Weighted Average Exercise Prices		Number Outstanding And Exercisable At March 31, 2012		Weighted Average Remaining Contractual Life
2008 Private Placement Equity Offering	$	3.00		1,718,350		1.05
2010 Private Placement Equity Offering	$	0.21		8,553,564		1.14
	$	0.68		10,271,914		1.12