v2.4.0.6
Stock Option Plans (Tables)
3 Months Ended
Jun. 30, 2012
Equity [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following table summarizes information about stock option activity for the three months ended June 30, 2012:

 

                Weighted        
          Weighted     Average        
          Average     Remaining     Agregate  
          Exercise     Contractual     Intrinsic  
    Shares     Price     Term     Value  
Outstanding at March 31, 2012     1,291,000     $ 2.10       5.3 years          
Granted     75,000     $ 1.20       10 years          
Expired     (106,000 )   $ 1.80       -          
Outstanding at June 30, 2012     1,260,000     $ 2.09       5.8 years     $ 11,250  
                                 
Exercisable at June 30, 2012     1,239,999     $ 2.10       5.8 years     $ 8,917