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6. Stock Options and Warrants
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6 Months Ended |
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Jun. 30, 2012
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| Shareholders' Equity and Share-based Payments [Text Block] |
7. 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 0.21 years as of June 30, 2012.
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