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6. Stock Options and Warrants
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3 Months Ended |
|---|---|
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Mar. 31, 2012
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| Shareholders' Equity and Share-based Payments [Text Block] |
6. Stock
Options and Warrants
During
2010, 661,000 warrants were issued in conjunction with sales
of common stock. All warrants issued are
exercisable at $0.75 for the first year and $1.00 for the
second year. The aggregate intrinsic value of
these warrants was $0 and the weighted average remaining life
was 0.46 years as of March 31, 2012.
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