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Note 7 - Stockholders' Equity | 6 Months Ended
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Jun. 30, 2012
Schedule of Stockholders Equity [Table Text Block] | Note 7 – Stockholders’ Equity Stock Options Following is a summary of the activity of options to an independent director:
|  | Options outstanding |  |  | Weighted Average Exercise Price |  |  | Weighted average remaining contractual life |  |  | Aggregate Intrinsic Value |
Outstanding, December 31, 2011 |  |  | 50,000 |  |  | $ | 10.96 |  |  |  | 2.98 |  |  | $ | - |
Exercisable, December 31, 2011 |  |  | 50,000 |  |  | $ | 10.96 |  |  |  | 2.98 |  |  | $ | - |
Outstanding, June 30, 2012 |  |  | 50,000 |  |  | $ | 10.96 |  |  |  | 2.48 |  |  | $ | - |
Exercisable, June 30, 2012 |  |  | 50,000 |  |  | $ | 10.96 |  |  |  | 2.48 |  |  | $ | - |
The exercise price for options outstanding at June 30, 2012, is as follows:
Number of Options |  |  | Exercise Price |
| 50,000 |  |  | $ | 10.96 |
The assumptions used in calculating the fair value of options granted using the Black-Scholes option-pricing model are as follows:
Risk-free interest rate |  |  | 2.25 | %
Expected life of the options |  | 3 to 3.5 years
Expected volatility |  |  | 80 | %
Expected dividend yield |  |  | 0 | %
During the six months ended June 30, 2012 and 2011, the Company recorded $0 and $51,314 stock option expense, respectively. During three months ended June 30, 2012 and 2011, the Company recorded $0 and $25,657 stock option expense, respectively. Warrants At the end of 2010, all warrants were exercised. No new warrants were granted during the six and three months ended June 30, 2012. No warrants were granted during the six months ended June 30, 2011.

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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 + Details
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