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Stock Warrants
6 Months Ended
Jun. 30, 2012
Warrants and Rights Note Disclosure [Abstract]  
Stock Warrants
 
NOTE 8 - STOCK WARRANTS
 
A summary of the status of the Company’s outstanding stock warrants as of June 30, 2012 and December 31, 2011 and changes during the period is presented below:
 
   
Warrants
   
Weighted
Average
Price
   
Weighted
Average
Fair Value
 
Outstanding, December 31, 2011
   
665,842
   
$
8.00
   
$
8.00
 
                         
Issued
   
-
     
-
     
-
 
Exercised
   
-
     
-
     
-
 
Forfeited
   
-
     
-
     
-
 
Expired
   
(665,842
)  
$
8.00
   
$
8.00
 
                         
Outstanding, June 30, 2012
   
-
   
$
-
   
$
-
 
                         
Exercisable, June 30, 2012
   
-
   
$
-
   
$
-