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7. STOCK OPTIONS (Tables)
3 Months Ended
Mar. 31, 2013
Notes to Financial Statements  
Option activity

The summary of option activity for the three months ended March 31, 2013 is presented below:

 

    Number of 
Shares
     Weighted 
Average 
Exercise 
Price 
     Weighted 
Average
Remaining
Life (years) 
 
Balance as of December 31, 2012     125,000       0.06       0.25  
Granted                    
Exercised                    
Canceled                    
Expired     (125,000 )     0.06        
Balance as of March 31, 2013