XML 63 R43.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock Options (Tables)
6 Months Ended
Jun. 30, 2013
Stock Options Tables  
Option plan activity

 The following summary represents options activity during the six months ended June 30, 2013 under the New Plan.

 

          Weighted-      
    Under     Average     Aggregate
    New     Exercise     Intrinsic
    Plan     Price     Value
Balance, December 31, 2012   1,810,000    $ 1.69    $ -  
     Granted   100,000      0.65       
     Lapsed       -        
     Exercised       -        
     Cancelled       -        
Balance, June 30, 2013   1,910,000    $ 1.64    $

 

 

Option plan summary

The following represents options summary as of June 30, 2013 under the New Plan.

    Options Outstanding   Options Exercisable
          Weighted-     Weighted-         Weighted-
          Average     Average         Average
    Number     Remaining     Exercise   Number     Exercise
    Outstanding     Contractual Life     Price   Exercisable     Price
Options   1,910,000      2.05 years   $ 1.64    1,071,111    $ 1.59