Stock Options and Warrants (Tables)

6 Months Ended

Jun. 30, 2014

Stock Options and Warrants [Abstract]

Summary of Stock Option Activity

The following is a summary of stock option activity and status at March 31, 2014:

Options Outstanding and Exercisable By Quarter	Stock  Options  #		Weighted Average Exercise Price $	Remaining Contractual Life (years)		Aggregate Intrinsic value
As at December 31, 2011		1,810,000	0.550		4.28		36,500
Forfeited during quarter		(40,000)	1.300		-		-
Granted during quarter		320,000	0.250		-		-
As at March, 31, 2012		2,090,000	0.450		4.21		42,000
Granted during quarter		40,000	0.325		-		-
As at June, 30, 2012		2,130,000	0.485		3.97		34,125
Forfeited during quarter		(200,000)	1.300		-		-
Granted during quarter		-	-		-		-
As at September 30, 2012		1,930,000	0.400		3.74		52,500
Forfeited during quarter		-	-		-		-
Granted during quarter		-	-		-		-
As at December 31, 2012		1,930,000	0.400		3.51		Nil
Forfeited during quarter		-	-		-		-
Granted during quarter		-	-		-		-
As at March 31, 2013		1,930,000	0.400		3.28		Nil
Forfeited during quarter		-	-		-		-
Granted during quarter		-	-		-		-
As at June 30, 2013		1,930,000	0.400		3.06		Nil
Forfeited during quarter		-	-		-		-
Granted during quarter		-	-		-		-
As at September 30, 2013		1,930,000	0.400		2.83		Nil
Forfeited during quarter		-	-		-		-
Granted during quarter		-	-		-		-
As at December 31, 2013		1,930,000	0.400		2.60		Nil
Forfeited during quarter		-	-		-		-
Granted during quarter		-	-		-		-
As at March 31, 2014		1,930,000	0.400		2.38		Nil
Forfeited during quarter		-	-		-		-
Granted during quarter		-	-		-		-
As at June 30, 2014		1,930,000	0.400		2.15		Nil