Stock Options

9 Months Ended

Sep. 30, 2012

Stock Options [Abstract]

Stock Options

2.           Stock Options

The Company recognizes equity based compensation expense in accordance with established standards for transactions in which an entity exchanges its equity instruments for goods and services. This standard requires an entity to measure the cost of employee services received in exchange for an award of equity instruments based on the grant date fair value of the award.

On September 29, 2006, the Company adopted the CCOM Group, Inc. (formerly, Colonial Commercial Corp.) 2006 Stock Plan, (the "2006 Plan").  The 2006 Plan enables the Company to grant equity and equity-linked awards to the Company's Directors, officers, employees and other persons who provide services to the Company.  The 2006 Plan is intended to allow the Company to provide incentives that will (1) strengthen the desire of highly competent persons to provide services to the Company and (2) further stimulate their efforts on the Company's behalf.

The following table summarizes information about stock options at September 30, 2012:

Options Outstanding and Exercisable
				Weighted Average
				Remaining		Weighted Average		Aggregate
Exercise Price		Shares		Contractual Life		Exercise Price		Intrinsic Value
$	1.85		75,000		4.19	$	1.85	$	0

There were no stock options granted during the three months or nine months ended September 30, 2012 and 2011. For each of the three months and nine months ended September 30, 2012 and 2011, the amount of stock based compensation was $0.