Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v2.4.0.8
Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2013
Warrants [Member]
  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of option/warrant activity
 
   
Number of
Shares Under Warrants
    
Range of
Warrants
Price Per Share
    
Weighted
Average
Exercise Price
  
Warrants Outstanding at January 1, 2013
    
28,642
    
$
0.01 - 0.02
    
$
0.02
  
   Warrants Granted
    
-
      
-
      
-
  
   Warrants Exercised
            
-
      
-
  
   Warrants Cancelled
    
-
      
-
      
-
  
Warrants Outstanding at June 30, 2013
    
28,642
      
0.01 – 0.02
      
0.02
  
                         
Warrants exercisable at June 30, 2013
    
28,642
      
0.01 – 0.02
      
0.02
  
 
Options [Member]
  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of option/warrant activity
 
   
Number of
Shares
Under Options
    
Range of
Option Price
Per Share
    
Weighted
Average
Exercise Price
  
Options Outstanding at January 1, 2013
     6,232,992     $ 0.02 - 0.85     $ 0.26  
   Options Granted
     -       -       -  
   Options Exercised
     -       -       -  
   Options Expired
     -       -       -  
Options Outstanding at June 30, 2013
     6,232,992     $ 0.02 - 0.85     $ 0.26  
                         
 Options Exercisable at June 30, 2013
     5,077,982     $ 0.02 - 0.85     $ 0.23  
 
Summary of weighted average fair value of options granted and the assumptions used in the Black-Scholes model
 
   
2013
    
2012
  
Weighted average fair value of options granted
  
$
0.35
    
$
0.41
  
Risk-free interest rate
    
1.59
%
    
2.20
%
Volatility
    
98.00
%
    
74.98
%
Expected life (years)
    
10
      
10