XML 34 R14.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 9: Subsequent Events
6 Months Ended
Jun. 30, 2012
Notes to Financial Statements  
Note 9: Subsequent Events

On July 6, 2012, the Company elected Andre Boisvert to its Board of Directors. The Company granted Mr. Boisvert a non-qualified option to purchase 40,000 shares of common stock with an exercise price of $2.81 per share and a vesting period of four years. Furthermore, in the event of a Change of Control of the Company while Mr. Boisvert is a member of the Board of Directors, he will receive compensation equal to two percent of the amount of cash, equity, or combination thereof received by the Company as of the closing of the Change of Control.