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Share Based Payment (Tables)

12 Months Ended

Dec. 31, 2012

Share Based Payment Tables

Summary of Stock Option Activity

A summary of option activity as of December 31, 2012 and 2011, and changes during the years then ended is presented below.

						Weighted-
				Weighted-		Average
				Average		Remaining			Aggregate
				Exercise		Contractual			Intrinsic
	Options			Price		Life (Years)			Value
Outstanding at December 31, 2010	1,961,400		$	0.23		7.67		$	-
Granted	-			-		-			-
Exercised	-			-		-			-
Forfeited	(1,576,400)			0.23		-			-
Outstanding at December 31, 2011	385,000			0.23		6.67			-
Granted	-			-		-			-
Exercised	-			-		-			-
Forfeited	-			-		-			-
Outstanding at December 31, 2012	385,000		$	0.23		5.66		$	-
Vested and expected to vest
at December 31, 2012	385,000		$	0.23		5.66		$	-
Exercisable at December 31, 2012	308,000		$	0.23		5.66		$	-

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- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References

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

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph 64

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph A240

-Subparagraph f

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

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

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