WARRANTS

9 Months Ended

Sep. 30, 2011

WARRANTS [Abstract]

WARRANTS

NOTE   6   -   WARRANTS

On April 26, 2011, warrants to purchase 513,698 shares of common stock were exercised at $.40 per share.  The Company received $205,479 for this exercise.

As of September 30, 2011, the Company had warrants outstanding to purchase 1,218,915 shares of common stock at prices ranging from $.40 to $1.00, with a weighted average of $.468.  On October 5, 2011 warrants to purchase 1,144,117 shares of common stock expired.