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Note 8 - Stock Options
9 Months Ended
Sep. 30, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

Note 8 – Stock Options


Stock option activity for the nine months ended September 30, 2012, is summarized as follows:


    Shares     Weighted Average
Exercise
Price
    Weighted Average Remaining Contractual
Life (Years)
 
                   
Options outstanding at December 31, 2011     1,750,000     $ 0.91       10.00  
Granted                  
                         
Options outstanding at September 30, 2012     1,750,000     $ 0.91       9.8  

Total stock option compensation for the nine months ended September 30, 2012 and 2011 was $364,907 and $415,908 respectively. Remaining stock option compensation of $51,000 will be recognized through the remainder of 2012.