Warrants

3 Months Ended

Mar. 31, 2012

Notes to Financial Statements

Warrants [Text Block]

Warrants

There were no warrants granted, exercised, exchanged or forfeited during the three months ended March 31, 2012. There were 33,000 warrants outstanding as of March 31, 2012 with an exercise price of $1.60 and an expiration date of November 25, 2013.