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Stock-based compensation (Tables)
3 Months Ended
Mar. 31, 2013
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

For the three months ended March 31, 2013, option activity was as follows:

 

    Shares    

Weighted-

Average

Exercise

Price

   

Remaining 

Contractual 

Term

   

Aggregate 

Fair Value

 
Outstanding at beginning of period     100,000     $ 0.38      0.37     $  2,205  
Granted     -       -              
Expired and forfeited     -       -              
Exercised     -       -              
Outstanding at end of period     100,000     $ 0.38       0.37     $ 2,205  
                                 
Exercisable at March 31, 2013     100,000     $ 0.38       0.37     $ 2,205
Schedule Of Stock Option Outstanding [Table Text Block]

As of March 31, 2013, a summary of options outstanding under the Company’s 2008 options grant was as follows:

 

Range of 

Exercise 

Price

  Weighted-Average Remaining 
Contractual Life (Years)
 

Number

Outstanding

   

Weighted-

Average 

Exercise 

Price

   

Number

Exercisable

   

Weighted-

Average 

Exercise 

Price

 
0.3800   0.37     100,000     $ 0.38       100,000     $ 0.38