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6. STOCK BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2013

Stock Based Compensation Tables

Value of outstanding stock options

		Three months ended								Six months ended
		June 30, 2013								June 30, 2013
		Weighted Average Exercise								Weighted Average Exercise
		Shares				Price				Shares				Price
Outstanding at beginning of period			311,200			$	3.76				311,200			$	3.76
Granted			-				-				-				-
Exercised			-				-				-				-
Forfeited			-				-				-				-
Outstanding at end of period			311,200			$	3.76				311,200			$	3.76

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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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (c)(1)

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

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