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Summarizing Options Issued And Outstanding (Table)

6 Months Ended

Jun. 30, 2012

Summarizing Options Issued And Outstanding

Summarizing Options Issued And Outstanding

Below is a table summarizing the options issued and outstanding as of June 30, 2012.

Date		Number		Exercise			Contractual		Expiration		Value if
Issued		Outstanding		Price			Life (Years)		Date		Exercised
12/31/10		-		$	-		-		-		$	-
11/25/11		720,000			3.00-5.00		3		5/25/15-11/25/17			2,880,000
06/30/12		720,000			4.00		-		-			$2,880,000

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- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Topic 718

-SubTopic 10

-Publisher FASB

-Number

-Article

-Subparagraph (c)(1)

-Name Accounting Standards Codification

-Paragraph 2

-Section 50

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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