Annual report pursuant to Section 13 and 15(d)

Stock Option Plan (Tables)

v2.4.0.6
Stock Option Plan (Tables)
12 Months Ended
Dec. 31, 2012
Stock Option Plan [Abstract]  
Summary of stock option activities
 
               
Weighted
       
               
Average
       
         
Weighted
   
Remaining
   
Aggregate
 
         
Average
   
Contractual
   
Intrinsic
 
   
Number of Units
   
Exercise Price
   
Term (in years)
   
Value
 
                         
Outstanding, December 31, 2010
   
273,859
   
 $
1.29
     
5.51
   
 $
-
 
Granted
   
-
     
-
     
-
         
                                 
Outstanding, December 31, 2011
   
273,859
     
1.29
     
5.51
     
-
 
Granted
   
2,056,275
     
0.96
     
8.89
         
                                 
Outstanding, December 31, 2012
   
2,330,134
   
 $
0. 96
     
8.91
   
 $
685,800