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STOCK OPTION PLAN	12 Months Ended
Dec. 31, 2012
Notes to Financial Statements
Note 5. STOCK OPTION PLAN	Under the Company’s Amended and Restated 1997 Stock Option Plan (the “Option Plan”), no further option grants are allowed after February 26, 2007, but options theretofore granted remain in effect until satisfied or terminated pursuant to the Option Plan. No options were granted under the Option Plan during the years ended December 31, 2012 and 2011. At December 31, 2006, all options were fully vested; thus no further stock option expense has been recorded related to the Option Plan. The weighted-average remaining contractual term, as of December 31, 2012, was 3.80 years for outstanding and exercisable options. There were no options exercised and none that expired or were canceled during the years ended December 31, 2012 and 2011. As of December 31, 2012 and 2011, there were 370,000 options outstanding under the Option Plan which are exercisable at a weighted average price of $.21 until July 19, 2016, when they expire.

STOCK OPTION PLAN

12 Months Ended

Dec. 31, 2012

Under the Company’s Amended and Restated 1997 Stock Option Plan (the “Option Plan”), no further option grants are allowed after February 26, 2007, but options theretofore granted remain in effect until satisfied or terminated pursuant to the Option Plan. No options were granted under the Option Plan during the years ended December 31, 2012 and 2011.

At December 31, 2006, all options were fully vested; thus no further stock option expense has been recorded related to the Option Plan. The weighted-average remaining contractual term, as of December 31, 2012, was 3.80 years for outstanding and exercisable options. There were no options exercised and none that expired or were canceled during the years ended December 31, 2012 and 2011. As of December 31, 2012 and 2011, there were 370,000 options outstanding under the Option Plan which are exercisable at a weighted average price of $.21 until July 19, 2016, when they expire.