7. Stock Based Compensation Plan (Tables)

6 Months Ended

Jun. 30, 2012

Notes to Financial Statements

Schedule of Stock Based Compensation Grants

	Stock Options Outstanding		RSA's Outstanding		Options and RSA's Exercised		Available Shares		Total
2010 ECP		591,551		3,144		903,696		1,889,054		3,387,445
2005 LTIP		603,175		46,119		214,164		136,542		1,000,000
Total		1,194,726		49,263		1,117,860		2,025,596		4,387,445

Schedule of Stock Options

	2012					2011
	Options			Weighted Average Exercise Price		Options			Weighted Average Exercise Price
Outstanding, beginning of period		1,358,717		$	2.83		1,223,159		$	3.74
Granted		-		$	-		300,000		$	2.93
Forfeited or expired		(163,991	)	$	3.16		(70,011	)	$	5.71
Exercised		-		$	-		-		$	-
Outstanding, end of period		1,194,726		$	2.81		1,453,148		$	3.28
Exercisable, end of period		750,256		$	2.93		485,346		$	4.46

Schedule of Fair Value Options

	2012		2011
Expected life in years		-		4.5
Volatility		-		141.10	%
Risk free interest rate		-		2.15	%
Dividend yield		-		-