STOCK TRANSACTIONS (Tables)

6 Months Ended

Jun. 30, 2012

STOCK TRANSACTIONS (Tables)

Stock Options OutStanding

The following table sets forth the Company’s stock options outstanding as of June 30, 2012 and December 31, 2011 and activity for the years then ended:

					Weighted
			Weighted		Average
			Average		Remaining		Aggregate
			Exercise		Contractual		Intrinsic
	Shares		Price		Term (Years)		Value
Outstanding, January 1, 2011		69,733,333	$	0.029		5.92	$	-
Granted		4,650,000		0.029		-		-
Exercised		-		-		-		-
Forfeited/expired		4,500,000		0.029		-		-
Outstanding, December 31 , 2011		69,883,333	$	0.029		5.26	$	-
Granted		-		-		-		-
Exercised		-		-		-		-
Forfeited/expired		-		-		-		-
Outstanding, June 30, 2012		69,883,333	$	0.029		5.01	$	-
Vested/exercisable at December 31, 2011		65,233,333	$	0.029		5.30	$	-
Vested/exercisable at June 30, 2012		69,883,333	$	0.029		4.76	$	-

Options Granted

The following table summarizes the information with respect to options granted, outstanding and exercisable under the 2005 plan:

Exercise Price	Options Outstanding	Remaining Contractual Life in Years	Average Exercise Price	Number of Options Currently Exercisable
$.02	250,000	2.92	$.020	250,000
$.029	54,983,333	4.83	$.029	54,983,333
$.029	2,500,000	5.83	$.029	2,500,000
$.029	700,000	6.83	$.029	700,000
$.029	1,000,000	5.50	$.029	1,000,000
$.029	150,000	5.53	$.029	150,000
$.029	850,000	6.92	$.029	850,000
$.029	4,500,000	2.83	$.029	4,500,000
$.029	300,000	7.83	$.029	300,000
$.029	4,500,000	4.00	$.029	4,500,000
$.029	150,000	9.00	$.029	150,000