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Stock Options (Tables)
12 Months Ended
Dec. 31, 2013
Stock Options Tables  
Option plan activity

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

          Weighted-      
    Under     Average     Aggregate
    New     Exercise     Intrinsic
    Plan     Price     Value
Balance, December 31, 2012   181,000    $ 16.90    $ -  
     Granted   65,000      3.66      -  
     Lapsed                
     Exercised                 
     Cancelled   (46,875)     16.90      -  
Balance, December 31, 2013   199,125    $ 12.58    $ -  

 

 

 

Option plan summary

The following represents options summary as of December 31, 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   199,125      3.05 years   $ 12.58    144,958    $ 15.91