Stockholder's Equity - Stock Options (Tables)

6 Months Ended

Jun. 30, 2012

Previous Plan

Option plan activity

The following summary represents options activity for the three months ended June 30, 2012 under the previous plan.

	Under Previous Plan	Weighted Average Exercise Price	Aggregate Intrinsic Value
Balance, December 31, 2011	129,350	$1.80	-
Granted	-	-
Lapsed	(129,350)	-
Exercised	-	-
Cancelled	-	-
Balance, June 30, 2012	-	-	-

New Plan

Option plan activity

The following summary represents options activity during the quarter ended June 30, 2012 under the New Plan.

	Under the New Plan	Weighted Average Exercise Price	Aggregate Intrinsic Value
Balance, December 31, 2011	3,557,000	$3.02	$0
Granted	-	-
Lapsed	408,000	$3,18
Exercised	-	-
Cancelled	1,339,000	$3.18
Balance, June 30, 2012	1,810,000	$2.97	$0

Option plan summary

The following represents options summary as of June 30, 2012 under the New Plan.

	Number Outstanding	Options Outstanding Weighted Average Remaining Contractual Life	Weighted Average Exercise Price	Options Exercisable
				Number Exercisable	Weighted Average Exercise Price
Options	1,810,000	2.96 years	$2.97	767,500	$2.74