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OFFERING WARRANTS
12 Months Ended
Dec. 31, 2012
OFFERING WARRANTS  
OFFERING WARRANTS

NOTE 12. OFFERING WARRANTS

        A summary of the status of the Company's warrants issued in connection with the initial public offering is presented below:

 
  December 31,
2011
 

Beginning balance

    2,927,925  

Stock Dividend

     

Exercised

    (2,897,149 )

Redeemed

    (30,776 )
       

Ending balance

     
       

        In August 2011, the Company called for redemption all of the outstanding offering warrants issued in the initial public offering.