Stockholder's Equity - Stock Options (Tables) (New Plan)

3 Months Ended

Mar. 31, 2013

New Plan

Option plan activity

The following summary represents options activity during the year ended March 31, 2013 under the New Plan.

	Under New Plan	Weighted Average Exercise Price		Aggregate Intrinsic Value
Balance, December 31, 2012	1,810,000	$	1.69	$	-
Granted	100,000		0.65
Lapsed	-		-
Exercised	-		-
Cancelled	-		-
Balance, March 31, 2013	1,910,000	$	1.64	$	-

Option plan summary

The following represents options summary as of March 31, 2013 under the New Plan.

	Options Outstanding				Options Exercisable
		Weighted Average		Weighted Average			Weighted Average
	Number	Remaining		Exercise	Number		Exercise
	Outstanding	Contractual Life		Price	Exercisable		Price
Options	1,910,000	2.30 years	$	1.64	1,060,000	$	1.60