5. EQUITY TRANSACTIONS (Tables)

9 Months Ended

Sep. 30, 2012

Equity Transactions Tables

Common stock purchase options

Common stock purchase options and warrants consisted of the following as of September 30, 2012:

			Weighted Average		Aggregated
			Exercise		Intrinsic
	# Shares		Price		Value
Options:
Outstanding and exercisable, December 31, 2011		2	$	1,320,000	$	-
Granted		-				-
Exercised		-				-
Expired						-
Outstanding and exercisable, September 30, 2012		2	$	1,320,000	$	-
Warrants:
Outstanding and exercisable, December 31, 2011		-			$	-
Granted		70,000	$	1		-
Exercised		-				-
Expired						-
Outstanding and exercisable, September 30, 2012		70,000	$	1	$	-