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7. COMMON STOCK (Tables)
12 Months Ended
Dec. 31, 2012
Common Stock Tables  
Warrants Activity

 

Date of Issuance  Number of Warrants   Exercise Price  Contractual Life  Number of Shares Exercisable 
May 31, 2012   1,834,525   0.50   3 years   1,834,525 
May 31, 2012   1,500,975   0.50   3 years   1,500,975 
July 30, 2012   75,000   0.50   3 years   75,000 
October 30, 2012   50,000   0.50   3 years   50,000 
                 
    3,460,500          3,460,500