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  <!--Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]-->
  <us-gaap:DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock contextRef="c20110101to20110630">&lt;div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-weight: bold; font-size: 10pt; font-family: Times New Roman;"&gt;NOTE 4 &amp;#8211; DISCONTINUED OPERATIONS&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The Company permanently discontinued its contract mining operations.&amp;#160;&amp;#160;There are no plans to resume the contract mining business.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The Company has identified assets attributed to the discontinued operation that are being held for sale or have been identified as part of the discontinued operation and have been identified as such.&amp;#160;&amp;#160;Assets at June 30, 2010 and December 31, 2010 attributed to the discontinued operation are as follows:&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman;"&gt;&lt;tr&gt;&lt;td valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;June 30,&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;December 31,&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td valign="bottom" width="76%" style="padding-bottom: 2px;"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Property and equipment&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;445,180&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;450,042&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="white"&gt;&lt;td valign="bottom" width="76%" style="padding-bottom: 4px;"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Total assets from discontinued operations&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;445,180&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 4px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;450,042&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 4px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;Liabilities at June 30, 2011 and December 31, 2010 attributed to the discontinued operations are as follows:&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman;"&gt;&lt;tr&gt;&lt;td valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;June 30,&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;December 31,&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td valign="bottom" width="76%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Accounts payable and accrued liabilities&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;- 0 -&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;1,152&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="white"&gt;&lt;td valign="bottom" width="76%" style="padding-bottom: 4px;"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Total liabilities from discontinued operations&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;- 0 -&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 4px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;1,152&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 4px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&amp;#160;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;Income (loss) after discontinued operations for the three and six months ended June 30, 2011 and 2010 was calculated as follows:&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman;"&gt;&lt;tr&gt;&lt;td valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="6" valign="bottom"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;For the three months ended&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="6" valign="bottom"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;For the six months ended&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="6" valign="bottom"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;June 30,&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="6" valign="bottom"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;June 30,&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom"&gt;&lt;font style="display: inline; 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font-size: 10pt; font-family: times new roman;"&gt;(4,862&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;(3,704&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;(5,772&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; 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  <us-gaap:RelatedPartyTransactionsDisclosureTextBlock contextRef="c20110101to20110630">&lt;div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-weight: bold; font-size: 10pt; font-family: Times New Roman;"&gt;NOTE 10 &amp;#8211; RELATED PARTIES&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The Company is a related party to IBS Capital (&amp;#8220;IBS&amp;#8221;), an entity whose principal, David Taft, is a Company director.&amp;#160;&amp;#160;During the six months ended June 30, 2011, IBS purchased 3,900,000 shares of the Company's common stock for prices between $1.25 to $1.52 per share, for a total of $4,135,000.&amp;#160;&amp;#160;In addition, IBS received $20,000 cash for director fees associated with Mr. Taft's participation on the Company's board of directors.&amp;#160;&amp;#160;During the year ended December 31, 2010, the Company received $1,500,000 from IBS in exchange for convertible debt.&amp;#160;&amp;#160;During the six months ended June 30, 2011, the Company issued 551,575 shares of its common stock to IBS in conjunction with the conversion of convertible debt issued in May 2010, along with related accrued interest.&amp;#160;&amp;#160;In November 2010, the Company issued 349,287 shares of the Company's common stock to IBS as part of a forbearance agreement related to the class action lawsuit as described below.&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&amp;#160;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The Company is a related party to Material Advisors (&amp;#8220;MA&amp;#8221;), an entity with which the Company has a management agreement for executive guidance.&amp;#160;&amp;#160;The agreement has a term beginning on December 30, 2008 and ending on December 30, 2012 and calls for monthly management fees of $83,333 to be paid for services.&amp;#160;&amp;#160;In addition to management fees, MA was granted stock options equivalent to 6,583,278 shares of common stock.&amp;#160;&amp;#160;Such options vest equally over the life of the management agreement and may be exercised at a strike price of $0.70 per share.&amp;#160;&amp;#160;Also during the year ended December 31, 2009, the Company received $40,000 from MA in exchange for convertible debt.&amp;#160;&amp;#160;All debt and accrued interest has been converted to 107,347 shares of the Company's common stock. On February 8, 2011, the Company's Board of Directors extended the management agreement between the Company and Materials Advisors for an additional year.&amp;#160;&amp;#160;The extension continues Material Advisor's services through December 31, 2012.&amp;#160;&amp;#160;The extension included the option to purchase 2,904,653 shares of the Company's common stock at an exercise price of $0.83.&amp;#160;&amp;#160;The vesting of such options will begin January 1, 2012 and will vest equally over the twelve-month period ending December 1, 2012.&lt;/font&gt;&lt;/div&gt;&lt;br /&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:RelatedPartyTransactionsDisclosureTextBlock>
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  <!--Significant Accounting Policies [Text Block]-->
  <us-gaap:SignificantAccountingPoliciesTextBlock contextRef="c20110101to20110630">&lt;div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-weight: bold; font-size: 10pt; font-family: Times New Roman;"&gt;NOTE 3 &amp;#8211; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The accompanying condensed, consolidated financial statements represent the consolidation of the Company and all companies that the Company directly controls either through majority ownership or otherwise.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;&lt;font style="display: inline; text-decoration: underline;"&gt;Accounting Method and Use of Estimates&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The Company's financial statements are prepared using the accrual basis of accounting in accordance with principles generally accepted in the United States of America.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements in revenues and expenses during the reporting period.&amp;#160;&amp;#160;In these financial statements, assets and liabilities involve extensive reliance on management's estimates.&amp;#160;&amp;#160;Actual results could differ from those estimates.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;&lt;font style="display: inline; text-decoration: underline;"&gt;Fair Value&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The fair value of the Company's financial instruments reflects the amounts that the Company estimates to receive in connection with the sale of an asset or paid in connection with the transfer of a liability in an orderly transaction between market participants at the measurement date (exit price). For financial assets and liabilities that are periodically re-measured to fair value, the Company discloses a fair value hierarchy that prioritizes the use of inputs used in valuation techniques into the following three levels:&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="left" style="display: block; margin-left: 54pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;Level 1 &amp;#8211; quoted prices in active markets for identical assets and liabilities&lt;/font&gt;&lt;/div&gt;&lt;div align="left" style="display: block; margin-left: 54pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;Level 2 &amp;#8211; observable inputs other than quoted prices in active markets for identical assets and liabilities&lt;/font&gt;&lt;/div&gt;&lt;div align="left" style="display: block; margin-left: 54pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;Level 3 &amp;#8211; unobservable inputs&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The recorded value of certain financial assets and liabilities, which consist primarily of cash and cash equivalents, accounts receivable, other current assets, accounts payable and accrued expenses, approximate the fair value of the respective assets and liabilities at June 30, 2011 and December 31, 2010 based upon the short-term nature of the assets and liabilities.&amp;#160;&amp;#160;Based on borrowing rates currently available to the Company for loans with similar terms, the carrying value of short and long-term notes payable approximate fair value.&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&amp;#160;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;&lt;font style="display: inline; text-decoration: underline;"&gt;Legal Costs&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;In the normal course of business, the Company will incur costs to engage and retain external legal counsel to advise management on regulatory, litigation and other matters.&amp;#160;&amp;#160;Such legal costs are expensed as the related services are received.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;&lt;font style="display: inline; text-decoration: underline;"&gt;Mining Exploration and Development Costs&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;Land and mining property acquisitions are carried at cost.&amp;#160;&amp;#160;The Company expenses prospecting and mining exploration costs.&amp;#160;&amp;#160;At the point when a property is determined to have proven and probable reserves, subsequent development costs are capitalized.&amp;#160;&amp;#160;Capitalized development costs will include acquisition costs and property development costs.&amp;#160;&amp;#160;When these properties are developed and operations commence, capitalized costs will be charged to operations using the units-of-production method over proven and probable reserves.&amp;#160;&amp;#160;Upon abandonment or sale of a mineral property, all capitalized costs relating to the specific property are written off in the period abandoned or sold and a gain or loss is recognized.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;At June 30, 2011 and 2010, all costs associated with the Company's mine have been expensed.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;&lt;font style="display: inline; text-decoration: underline;"&gt;Subsequent Events&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The Company evaluates events that occur subsequent to the balance sheet date of periodic reports, but before financial statements are issued for periods ending on such balance sheet dates, for possible adjustment to such financial statements or other disclosure.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;&lt;font style="display: inline; text-decoration: underline;"&gt;Recent Accounting Pronouncements&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;In January 2010, the FASB issued further guidance under ASC No. 820, &lt;font style="display: inline; font-style: italic;"&gt;Fair Value Measurements and Disclosures&lt;/font&gt; ("ASC 820"). ASC 820 requires disclosures about the transfers of investments between levels in the fair value hierarchy and disclosures relating to the reconciliation of fair value measurements using significant unobservable inputs (level 3 investments).&amp;#160;&amp;#160;ASC 820 is effective for the fiscal years and interim periods beginning after December 15, 2010.&amp;#160;&amp;#160;The Company adopted the update on January 1, 2011.&amp;#160;&amp;#160;The pronouncement did not have a material impact on the Company's consolidated financial statements.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="left" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;&lt;font style="display: inline; text-decoration: underline;"&gt;Restatements&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;div align="left" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;Certain amounts in the 2010 financial statements have been restated to conform to the 2011 presentation to more appropriately account for expenses related to deferred financing costs.&amp;#160;&amp;#160;This restatement had no effect on previously reported results of accumulated deficit.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:SignificantAccountingPoliciesTextBlock>
  <!--Stockholders' Equity Note Disclosure [Text Block]-->
  <us-gaap:StockholdersEquityNoteDisclosureTextBlock contextRef="c20110101to20110630">&lt;div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-weight: bold; font-size: 10pt; font-family: Times New Roman;"&gt;NOTE 7 &amp;#8211; STOCKHOLDERS' EQUITY&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;&lt;font style="display: inline; text-decoration: underline;"&gt;Preferred Stock&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The Company is authorized to issue 10,000,000 shares of noncumulative, non-voting, nonconvertible preferred stock, $0.001 par value per share.&amp;#160;&amp;#160;At June 30, 2011 and December 31, 2010, no shares of preferred stock were outstanding.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;&lt;font style="display: inline; text-decoration: underline;"&gt;Common Stock&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The Company is authorized to issue 120,000,000 shares of common stock, $0.001 par value per share.&amp;#160;&amp;#160;At June 30, 2011 and December 31, 2010, 75,667,789 and 69,704,393 shares were issued and outstanding, respectively.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;During the six months ended June 30, 2011, the Company issued a total of 100,301 shares of restricted, common stock to directors and consultants as payment of fees.&amp;#160;&amp;#160;The value of such was recorded at $89,344.&amp;#160;&amp;#160;During the six months ended June 30, 2011, a warrant holder received 5,570 shares of the Company's common stock through a cashless exercise for consulting fees valued at $1,950.&amp;#160;&amp;#160;Also during the six months ended June 30, 2011, the Company sold a total of 4,212,500 shares of common stock at pricing between $1.25 and $1.53 per share, collecting a total of $4,385,000.&amp;#160;&amp;#160;A portion of these shares were purchased by a related party (See Note 10).&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;Pursuant to the disclosure requirements set forth under GAAP, the following schedule presents a reconciliation of the beginning and ending balances of the equity attributable to the Company and the non-controlling owners, and the effect of the changes in the equity attributable to the Company.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="left" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;&lt;font style="display: inline; text-decoration: underline;"&gt;Non-controlling Interest&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The Company applied non-controlling interest accounting for the period ended June 30, 2011, which requires it to clearly identify the non-controlling interest in the balance sheets and statements of operations.&amp;#160;&amp;#160;The Company discloses three measures of net income (loss): net income (loss) from discontinued operations, net income (loss) from exploration stage, and net income (loss) attributable to non-controlling interest.&amp;#160;&amp;#160;The operating cash flows in the consolidated statements of cash flows reflect net loss.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman;"&gt;&lt;tr&gt;&lt;td align="left" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="left" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman;"&gt;Non-Controlling Interest&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td align="left" valign="bottom" width="88%"&gt;&lt;div align="left" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Beginning balance, December 31, 2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;52,321&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="white"&gt;&lt;td align="left" valign="bottom" width="88%" style="padding-bottom: 2px;"&gt;&lt;div align="left" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Net (loss) gain attributable to non-controlling interest&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;(5&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td align="left" valign="bottom" width="88%" style="padding-bottom: 4px;"&gt;&lt;div align="left" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Ending balance, June 30, 2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; 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  <us-gaap:NatureOfOperations contextRef="c20110101to20110630">&lt;div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-weight: bold; font-size: 10pt; font-family: Times New Roman;"&gt;NOTE 2 &amp;#8211; ORGANIZATION AND DESCRIPTION OF BUSINESS&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The Company owns the Atlas Mine, a consolidation of several patented mining claims located in the Coeur d'Alene Mining District near Mullan, Idaho, and the Dragon Mine, a halloysite clay property located in Juab County, Utah.&amp;#160;&amp;#160;The Company is currently focused on the commercialization of the Dragon Mine property while actively seeking to dispose of the idle Atlas Mine property.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</us-gaap:NatureOfOperations>
  <!--Accounts payable and accrued liabilities-->
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  <!--Net loss per share before discontinued operations attributable to Applied Minerals, Inc. common shareholders (in dollars per share)-->
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  <!--Net loss per share before discontinued operations attributable to Applied Minerals, Inc. common shareholders (in dollars per share)-->
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  <!--Net loss per share before discontinued operations attributable to Applied Minerals, Inc. common shareholders (in dollars per share)-->
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  <!--Net loss per share before discontinued operations attributable to Applied Minerals, Inc. common shareholders (in dollars per share)-->
  <us-gaap:IncomeLossFromContinuingOperationsPerBasicAndDilutedShare contextRef="c20100101to20100630" unitRef="U002" decimals="2">-0.03</us-gaap:IncomeLossFromContinuingOperationsPerBasicAndDilutedShare>
  <!--Discontinued operations attributable to Applied Minerals, Inc. common shareholders (in dollars per share)-->
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  <!--Discontinued operations attributable to Applied Minerals, Inc. common shareholders (in dollars per share)-->
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  <!--Discontinued operations attributable to Applied Minerals, Inc. common shareholders (in dollars per share)-->
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  <!--Discontinued operations attributable to Applied Minerals, Inc. common shareholders (in dollars per share)-->
  <us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare contextRef="c20100101to20100630" unitRef="U002" decimals="2">0.00</us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare>
  <!--Earnings Per Share, Basic and Diluted-->
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  <!--Earnings Per Share, Basic and Diluted-->
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  <!--Earnings Per Share, Basic and Diluted-->
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  <!--Earnings Per Share, Basic and Diluted-->
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  <!--Amendment Flag-->
  <dei:AmendmentFlag contextRef="c20110101to20110630">false</dei:AmendmentFlag>
  <!--Current Fiscal Year End Date-->
  <dei:CurrentFiscalYearEndDate contextRef="c20110101to20110630">--12-31</dei:CurrentFiscalYearEndDate>
  <!--Document Period End Date-->
  <dei:DocumentPeriodEndDate contextRef="c20110101to20110630">2011-06-30</dei:DocumentPeriodEndDate>
  <!--Entity Well-known Seasoned Issuer-->
  <dei:EntityWellKnownSeasonedIssuer contextRef="c20110101to20110630">No</dei:EntityWellKnownSeasonedIssuer>
  <!--Entity Voluntary Filers-->
  <dei:EntityVoluntaryFilers contextRef="c20110101to20110630">No</dei:EntityVoluntaryFilers>
  <!--Entity Current Reporting Status-->
  <dei:EntityCurrentReportingStatus contextRef="c20110101to20110630">Yes</dei:EntityCurrentReportingStatus>
  <!--Entity Filer Category-->
  <dei:EntityFilerCategory contextRef="c20110101to20110630">Smaller Reporting Company</dei:EntityFilerCategory>
  <!--Entity Public Float-->
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  <!--Entity Registrant Name-->
  <dei:EntityRegistrantName contextRef="c20110101to20110630">Applied Minerals, Inc.</dei:EntityRegistrantName>
  <!--Entity Central Index Key-->
  <dei:EntityCentralIndexKey contextRef="c20110101to20110630">0000008328</dei:EntityCentralIndexKey>
  <!--Entity Common Stock, Shares Outstanding-->
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  <!--Document Fiscal Year Focus-->
  <dei:DocumentFiscalYearFocus contextRef="c20110101to20110630">2011</dei:DocumentFiscalYearFocus>
  <!--Document Fiscal Period Focus-->
  <dei:DocumentFiscalPeriodFocus contextRef="c20110101to20110630">Q2</dei:DocumentFiscalPeriodFocus>
  <!--Document Type-->
  <dei:DocumentType contextRef="c20110101to20110630">10-Q</dei:DocumentType>
  <!--Deposits And Prepaids-->
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  <!--Deposits And Prepaids-->
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  <!--Land And Tunnels-->
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  <!--Land And Tunnels-->
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  <!--Mining Equipment-->
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  <!--Mining Equipment-->
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  <!--Milling Equipment-->
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  <!--Milling Equipment-->
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  <!--Laboratory Equipment-->
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  <!--Laboratory Equipment-->
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  <!--Vehicles-->
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  <!--Vehicles-->
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  <!--Stock Award-->
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  <!--Stock Award-->
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  <!--Total Other Liabilities-->
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  <!--Total Other Liabilities-->
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  <!--Accumulated Deficit Prior To Exploration Stage-->
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  <!--Accumulated Deficit Prior To Exploration Stage-->
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  <!--Accumulated Deficit During Exploration Stage-->
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  <!--Assets Held For Sale-->
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  <!--Assets Held For Sale-->
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  <!--Gain On Stock Award Forfeiture-->
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  <!--Gain On Stock Award Forfeiture-->
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  <!--Gain On Stock Award Forfeiture-->
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  <!--Exploration Expenses-->
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  <!--Exploration Expenses-->
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  <!--Net loss-->
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  <!--Net loss-->
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  <!--Net loss-->
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  <!--Increase Decrease In Deposits And Prepaid Expense-->
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  <!--Increase Decrease In Deposits And Prepaid Expense-->
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  <!--Proceeds From Insurance Settlement Financing Activities-->
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  <!--Long Term Pik Debt [Text Block]-->
  <amnl:LongTermPikDebtTextBlock contextRef="c20110101to20110630">&lt;div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-weight: bold; font-size: 10pt; font-family: Times New Roman;"&gt;NOTE 6 &amp;#8211; CONVERTIBLE DEBT (PIK NOTES)&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;Between December 31, 2008 and October 2010, the Company sold several 10% Convertible Notes due December 15, 2018.&amp;#160;&amp;#160;The notes convert into common stock in the range of $0.35 to $1.00 per share.&amp;#160;&amp;#160;The notes pay interest at the rate of 10% per annum payable (including by issuance of additional in-kind notes) semi-annually in arrears on June 15&lt;font style="display: inline; font-size: 70%; vertical-align: text-top;"&gt;th&lt;/font&gt; and December 15&lt;font style="display: inline; font-size: 70%; vertical-align: text-top;"&gt;th&lt;/font&gt; of each year.&amp;#160;&amp;#160;The notes include terms whereby interest payable may be paid in either cash or by converting the interest owed the note holder into additional PIK Notes.&amp;#160;&amp;#160;If the interest payment is converted into PIK Notes, the terms of the notes emulate the originally issued PIK Notes.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;&lt;font style="display: inline; text-decoration: underline;"&gt;Conversion Feature&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;All notes described above may be converted at the option of the note holder at any time there is sufficient authorized unissued common stock of the Company available for conversion. The PIK Notes, except those issued in October 2010, may be converted, at the option of the Company, when the average closing bid price or market price of the Company's common stock for the preceding five (5) days is above the conversion price.&amp;#160;&amp;#160;The Notes issued in October 2010 cannot be converted by the Company for one year from the date of issuance&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;During the six months ended June 30, 2011, PIK Notes representing principal and accrued interest of $1,654,725 were converted by the Company into 1,654,725 shares of the Company's common stock.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="left" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;&lt;font style="display: inline; text-decoration: underline;"&gt;Deferred Financing Costs&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;In connection with the convertible debt issued during October 2010, the Company recorded the financing costs paid to a third party in the amount of $150,000 as deferred financing costs.&amp;#160;&amp;#160;These costs are being amortized over the term of the debt.&amp;#160;&amp;#160;The Company amortizes the deferred financing costs using straight-line over the life of the debt, which approximates the effective interest rate.&amp;#160;&amp;#160;In the event of conversion before note maturity, any remaining costs are immediately expensed.&amp;#160;&amp;#160;During the six months ended June 30, 2011, total expense related to deferred financing costs was $9,183.&amp;#160;&amp;#160;As of June 30, 2011 and December 31, 2010, there was $137,756 and $146,939, respectively of deferred financing costs remaining on Convertible PIK Notes.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;&lt;font style="display: inline; text-decoration: underline;"&gt;Mandatory Conversion&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;In May 2011, the Company mandatorily converted the May 2010 convertible debt and unpaid interest.&amp;#160;&amp;#160;Upon conversion, 1,654,725 shares of the Company's common stock were issued for the conversion of the notes.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</amnl:LongTermPikDebtTextBlock>
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  <amnl:OptionsAndWarrantsToPurchaseCommonStockTextBlock contextRef="c20110101to20110630">&lt;div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-weight: bold; font-size: 10pt; font-family: Times New Roman;"&gt;NOTE 8 &amp;#8211; OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;&lt;font style="display: inline; text-decoration: underline;"&gt;Outstanding Stock Warrants&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The fair value of each of the Company's stock warrant awards is estimated on the date of grant using a Black-Scholes option-pricing model that uses the assumptions noted in the table below.&amp;#160;&amp;#160;Expected volatility is based on an average of historical volatility of the Company's common stock.&amp;#160;&amp;#160;The risk-free interest rate for periods within the contractual life of the stock option award is based on the yield curve of a zero-coupon U.S. Treasury bond on the date the award is granted with a maturity equal to the expected term of the award.&amp;#160;&amp;#160;The Company uses historical data to estimate forfeitures within its valuation model.&amp;#160;&amp;#160;The significant assumptions relating to the valuation of the Company's warrants for the six months ended June 30, 2011 were as follows:&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman;"&gt;&lt;tr&gt;&lt;td valign="top" width="35%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="top" width="20%" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td valign="top" width="35%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="top" width="20%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td valign="top" width="35%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Dividend Yield&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="top" width="20%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0%&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td valign="top" width="35%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Expected Life&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="top" width="20%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;5 &amp;#8211; 10 years&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td valign="top" width="35%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Expected Volatility&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="top" width="20%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;100%&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td valign="top" width="35%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Risk Free Interest Rate&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="top" width="20%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;2.96%&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;A summary of the status and changes of the warrants are as follows:&lt;/font&gt;&lt;/div&gt;&lt;div&gt;&lt;table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman;"&gt;&lt;tr&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="6" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;June 30, 2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Shares&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Weighted Average Exercise Price&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td valign="bottom" width="76%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Outstanding at December 31, 2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;580,187&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.84&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="white"&gt;&lt;td valign="bottom" width="76%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Issued&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;727,379&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;1.02&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td valign="bottom" width="76%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Exercised&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;(10,000&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;( 0.35&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="white"&gt;&lt;td valign="bottom" width="76%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Forfeited&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;- 0 -&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;- 0 -&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td valign="bottom" width="76%" style="padding-bottom: 2px;"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Expired&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;- 0 -&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;- 0 -&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="white"&gt;&lt;td valign="bottom" width="76%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Outstanding at June 30, 2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;1,297,566&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.93&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td valign="bottom" width="76%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Exercisable at June 30, 2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;898,921&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;During the six months ended June 30, 2011, the Company granted 727,379 warrants to purchase the Company's common stock with an average exercise price of $1.02.&amp;#160;&amp;#160;Of the 727,379 warrants granted, 204,253 vested during the six months ended June 30, 2011, and the remaining 523,126 warrants will vest over nine months, or through March 31, 2012.&amp;#160;&amp;#160;The intrinsic value of the outstanding warrants at June 30, 2011 was $1,085,975.&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&amp;#160;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;&lt;font style="display: inline; text-decoration: underline;"&gt;Outstanding Stock Warrants (continued)&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;A summary of the status of the warrants outstanding at June 30, 2011 is presented below:&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman;"&gt;&lt;tr&gt;&lt;td colspan="2" valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="7" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Warrants Outstanding&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="6" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Warrants Exercisable&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Exercise Price&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Number Outstanding&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Weighted Average Remaining Contractual Life&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Weighted Average Exercise Price&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Number Exercisable&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Weighted Average Exercise Price&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.35&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;90,000&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="41%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;3.75 years&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.35&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;90,000&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.35&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="white"&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.78&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;213,402&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="41%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;4.58 years&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.78&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;88,918&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.78&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.80&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;264,668&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="41%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;4.50 years&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.80&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;264,668&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.80&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="white"&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;1.00&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;340,000&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="41%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;4.25 years&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;1.00&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;340,000&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;1.00&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="padding-bottom: 2px; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;1.15&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;461,340&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="41%" style="padding-bottom: 2px;"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;9.75 years&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="padding-bottom: 2px; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;1.15&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;115,335&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="padding-bottom: 2px; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;1.15&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="white"&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;1,369,410&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="41%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;898,921&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;At June 30, 2011, the total compensation of $500,864 for unvested shares is to be recognized over the next 9 months on a weighted average basis.&amp;#160;&amp;#160;Compensation expense of $364,381 has been recognized for the vesting of warrants to non-related parties in the accompanying statements of operations for the six months ended June 30, 2011.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;&lt;font style="display: inline; text-decoration: underline;"&gt;Outstanding Stock Options&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The Company is authorized to issue stock options under the existing stock option plan approved by stockholders.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The fair value of each of the Company's stock option awards is estimated on the date of grant using a Black-Scholes option-pricing model that uses the assumptions noted in the table below.&amp;#160;&amp;#160;Expected volatility is based on an average of historical volatility of the Company's common stock.&amp;#160;&amp;#160;The risk-free interest rate for periods within the contractual life of the stock option award is based on the yield curve of a zero-coupon U.S. Treasury bond on the date the award is granted with a maturity equal to the expected term of the award.&amp;#160;&amp;#160;The Company uses historical data to estimate forfeitures within its valuation model.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The expected term of awards granted is derived from historical experience under the Company's stock-based compensation plans and represents the period of time that awards granted are expected to be outstanding.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;The significant assumptions relating to the valuation of the Company's options for the six months ended June 30, 2011 and 2010 were as follows:&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman;"&gt;&lt;tr&gt;&lt;td valign="top" width="35%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="top" width="20%" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td valign="top" width="2%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="top" width="20%" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td valign="top" width="35%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="top" width="20%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="top" width="2%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="top" width="20%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td valign="top" width="35%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Dividend Yield&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="top" width="20%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0%&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td valign="top" width="2%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="top" width="20%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0%&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="white"&gt;&lt;td valign="top" width="35%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Expected Life&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="top" width="20%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;5 &amp;#8211; 10 years&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td valign="top" width="2%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="top" width="20%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;1.5 years&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td valign="top" width="35%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Expected Volatility&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="top" width="20%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;101 &amp;#8211; 105%&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td valign="top" width="2%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="top" width="20%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;120%&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="white"&gt;&lt;td valign="top" width="35%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Risk Free Interest Rate&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="top" width="20%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;2.02 &amp;#8211; 3.75%&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td valign="top" width="2%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="top" width="20%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.4%&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;A summary of the status and changes of the options granted under stock option plans and other agreements for the period ended June 30, 2011 is as follows:&lt;/font&gt;&lt;/div&gt;&lt;div&gt;&lt;table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman;"&gt;&lt;tr&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Shares&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Weighted Average Exercise Price&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td valign="bottom" width="76%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Outstanding at December 31, 2010&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;7,593,277&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.70&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="white"&gt;&lt;td valign="bottom" width="76%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Granted&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;3,205,134&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.83&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td valign="bottom" width="76%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Exercised&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;- 0 -&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;- 0 -&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="white"&gt;&lt;td valign="bottom" width="76%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Forfeited&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;- 0 -&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;- 0 -&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td valign="bottom" width="76%" style="padding-bottom: 2px;"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Expired&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;- 0 -&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;- 0 -&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="white"&gt;&lt;td valign="bottom" width="76%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Outstanding at June 30, 2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;10,798,411&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.74&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td valign="bottom" width="76%"&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Exercisable at June 30, 2011&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;6,631,303&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;During the six months ended June 30, 2011, the Company issued 3,205,134 options to purchase the Company's common stock with an average exercise price of $0.83.&amp;#160;&amp;#160;Of the 3,205,134 options granted, 300,481 options will vest in four equal tranches, quarterly, and vesting began March 1, 2011.&amp;#160;&amp;#160;The remaining 2,904,653 options granted will begin vesting January 1, 2012, and shall vest equally over twelve months.&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&amp;#160;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;&lt;font style="display: inline; text-decoration: underline;"&gt;Outstanding Stock Options (continued)&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;A summary of the status of the options outstanding at June 30, 2011 is presented below:&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman;"&gt;&lt;tr&gt;&lt;td colspan="2" valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="7" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Options Outstanding&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="6" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Options Exercisable&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Exercise Price&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Number Outstanding&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Weighted Average Remaining Contractual Life&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Weighted Average Exercise Price&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Number Exercisable&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td colspan="2" valign="bottom" style="border-bottom: black 2px solid;"&gt;&lt;div align="center" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;Weighted Average Exercise Price&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.65-$0.71&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;75,000&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="41%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;3.00 years&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.69&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;75,000&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.69&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="white"&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.70&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;7,358,277&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="41%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;8.25 years&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.70&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;6,261,063&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.70&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.83&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;3,205,134&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="41%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;4.75 years&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.83&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;150,240&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.83&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="white"&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.90&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;100,000&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="41%"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;4.25 years&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.90&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;100,000&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;0.90&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="padding-bottom: 2px; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;1.00&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;60,000&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="41%" style="padding-bottom: 2px;"&gt;&lt;div align="right" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;5.00 years&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="padding-bottom: 2px; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;1.00&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;45,000&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="padding-bottom: 2px; text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;1.00&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="padding-bottom: 2px; text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr bgcolor="white"&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;10,798,411&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="41%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;6,631,303&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom" width="9%" style="text-align: right;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: times new roman;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;At June 30, 2011, the total compensation of $1,776,711 for unvested shares is to be recognized over the next 1.50 years on a weighted average basis.&lt;/font&gt;&lt;/div&gt;&lt;div style="display: block; text-indent: 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div align="justify" style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"&gt;&lt;font style="display: inline; font-size: 10pt; font-family: Times New Roman;"&gt;Compensation expense of $508,446 and $39,343 has been recognized for vesting of options for the three months ended June 30, 2011 and 2010, respectively.&amp;#160;&amp;#160;Compensation expense of $937,474 and $96,893 has been recognized for vesting of options for the six months ended June 30, 2011 and 2010, respectively.&amp;#160;&amp;#160;The intrinsic value of the outstanding warrants at June 30, 2011 was $11,209,866.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt;</amnl:OptionsAndWarrantsToPurchaseCommonStockTextBlock>
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  <!--Equipment Impairment Charges-->
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  <amnl:EquipmentImpairmentCharges contextRef="c20110101to20110630" unitRef="U001" decimals="0">0</amnl:EquipmentImpairmentCharges>
  <!--Equipment Impairment Charges-->
  <amnl:EquipmentImpairmentCharges contextRef="c20100101to20100630" unitRef="U001" decimals="0">2270</amnl:EquipmentImpairmentCharges>
  <!--Equipment Impairment Charges-->
  <amnl:EquipmentImpairmentCharges contextRef="c20090101to20110630" unitRef="U001" decimals="0">55122</amnl:EquipmentImpairmentCharges>
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  <!--Weighted Average Shares Outstanding (basic and diluted) (in shares)-->
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  <!--Weighted Average Shares Outstanding (basic and diluted) (in shares)-->
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  <!--Weighted Average Shares Outstanding (basic and diluted) (in shares)-->
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