Non-Employee Share-Based Compensation (Tables)

12 Months Ended

Dec. 29, 2012

Non-Employee Share-Based Compensation Tables

Non-Employee stock options

The following table summarizes activity of stock options granted to non-employees at December 29, 2012 and changes during the year 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 December 29, 2012		1,097,300	$	1.23		5.26	$	15,540
Exercisable at December 29, 2012		1,094,800	$	1.23		5.26	$	15,401

Non-employee restricted stock

The following table summarizes activity of restricted stock awards to non-employees at December 29, 2012 and changes during the year then ended:

	Shares			Weighted Average Fair Value
Unvested shares at December 31, 2011		1,170,000		$	0.41
Granted		-			-
Vested		(1,140,000	)		0.50
Forfeited		(30,000	)		0.74
Unvested shares at December 29, 2012		-		$	-

Warrant award assumptions

The fair value of these warrants was estimated at the date of award using the Black-Scholes based valuation model. The table below outlines the assumptions for the warrants granted.

Year Ended December 29, 2012	2012
Volatility		28.2	%
Expected dividends		0.00	%
Expected term	2.0 years
Risk-free rate		0.27	%