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Equity

9 Months Ended

Sep. 30, 2011

Stockholders Equity Note [Abstract]

Stockholders Equity Note [Text Block]

Equity

During the first nine months of 2011 the Company received proceeds of $65,977 in connection with the exercises of outstanding options and warrants.

During the first nine months of 2010 the company sold, pursuant to the company’s effective registration statement filed with the SEC, equity in the Company as follows:

Date		Shares issued				Warrants issued				Unit price			Proceeds
March 3, 2010			588,602				117,719			$	2.75		$	1,618,653
September 17, 2010			641,026				128,205			$	3.90		$	2,500,000
September 27, 2010			194,118				38,824			$	4.25		$	825,000
Total			1,423,746				284,748						$	4,943,653

Warrants issued are five year warrants at an exercise price of $5 per share for the March 3, 2010 offering and $6.25 per share for the September offerings. Proceeds of $406,000 relating to the September offerings were not received by the Company until October 2010.

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- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest excluding treasury stock.

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