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Common Stock (Tables)
6 Months Ended
Jun. 30, 2012
Common Stock [Abstract]  
Schedule of Stock Options Roll Forward [Table Text Block]
.
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The fair value of the Company's option grants under the 2011 Plan was estimated at the date of grant using the Black-Scholes option-pricing model with the following weighted average assumptions:


2012
 
2011
 Expected term (based upon historical experience)
 <1 week
 
 <1 week
 Expected volatility
115.86%
 
103.98%
 Expected dividends
 None
 
 None
 Risk free interest rate
0.08%
 
0.01%
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
Information pertaining to options outstanding at June 30, 2012 is as follows:
Exercise Prices
 
Number of shares
 
Weighted Average Remaining Contractual Life
 
Aggregate Intrinsic Value
0.001

 
1,061,332

 
6.23
 
$
115,700

0.041

 
5,121,952

 
0.28
 
353,400

0.145

 
11,000,000

 
7.62
 

 
 
17,183,284