Note 6 - Preferred Stock and Common Stock Financings (Tables)

12 Months Ended

Dec. 31, 2012

Notes to Financial Statements

Securities purchase agreements

During the year ended December 31, 2011, the Company entered into three securities purchase agreements with Barron Partners LP in which Barron Partners LP purchased shares of par value $.01 Series D Convertible Preferred Stock (“Series D Preferred”).

	Series D Preferred Shares Issued		Proceeds
February 14, 2011		454,546	$	1,000,000
March 28, 2011		90,910		200,000
May 16, 2011		45,455		100,000
Total		590,911	$	1,300,000