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7. Capital Transactions (Tables)
9 Months Ended
Sep. 30, 2012
Notes to Financial Statements  
Summary of the Company’s stock option transactions
               
       
    Shares   Weighted
Average
Exercise
Price
 
           
Outstanding – January 1, 2012     1,228,200   $ 3.88  
               
Expired     (750,000 ) $ 4.30  
               
               
Outstanding – September 30, 2012 (a)     478,200   $ 3.21