Stockholder's Equity - Stock Options (Tables)

9 Months Ended

Sep. 30, 2012

Previous Plan

Option plan activity

The following summary represents options activity for the nine months ended September 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)		1.80
Exercised	-		-
Cancelled	-		-
Balance, September 30, 2012	-	$	-	$	-

New Plan

Option plan activity

The following summary represents options activity during the nine months ended September 30, 2012 under the New Plan.

	Under Previous Plan	Weighted Average Exercise Price		Aggregate Intrinsic Value
Balance, December 31, 2011	3,557,000	$	3.02	$	-
Granted	-		-
Lapsed	(408,000)		3.18
Exercised	-		-
Cancelled	(1,339,000)		3.18
Balance, September 30, 2012	1,810,000	$	2.97	$	-

Option plan summary

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

	Options Outstanding					Options Exercisable
	Number Outstanding		Weighted Average Remaining Contractual Life		Weighted Average Exercise Price	Number Exercisable	Weighted Average Exercise Price
Options	1,810,000	2.71 years		$	$2.97	963,750	$	2.62