Non-Employee Share-Based Compensation (Tables)

3 Months Ended

Jun. 30, 2012

Non-Employee Share-Based Compensation Tables

Stock Option Plans

The following table summarizes the activity of stock options granted to non-employees at June 30, 2012, and changes during the six months then ended:

			Weighted Average
					Remaining		Aggregate
	Number of		Exercise		Contractual		Intrinsic
	Shares		Price		Term		Value
Outstanding at December 31, 2011		1,097,300	$	1.23
Options Granted		-		-
Options Exercised		-		-
Options Forfeited		-		-
Outstanding at June 30, 2012		1,097,300	$	1.23		5.76	$	53,200
Exercisable at June 30, 2012		1,077,550	$	1.23		5.74	$	52,013

Restricted Stock

The following table summarizes activity of restricted stock awards to non-employees at June 30, 2012 and changes during the six months then ended:

				Weighted Average
	Shares			Fair Value
Unvested shares at December 31, 2011		1,170,000		$	0.41
Granted		-			-
Vested		(630,000	)		0.48
Forfeited		-			-
Unvested shares at June 30, 2012		540,000		$	0.55
Expected to Vest as of June 30, 2012		540,000		$	0.55