6. STOCK INCENTIVE PLAN (Tables)

3 Months Ended

Jun. 30, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

STOCK INCENTIVE PLAN

A summary of stock option activity for the three months ended June 30, 2013 is presented as follows.

	Shares			Weighted- average exercise price		Weighted- average grant date fair value		Weighted- average remaining contractual term (years)		Aggregate intrinsic value
Outstanding, March 31, 2013		7,595		$	0.18
Granted		–		$	–	$	–
Exercised		–		$	–
Forfeited or expired		(10	)	$	0.26
Outstanding, June 30, 2013		7,585		$	0.18				1.4	$	–
Exercisable at June 30, 2013		7,585		$	0.18				1.4	$	–