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Note 13. Subsequent Events
12 Months Ended
Dec. 31, 2011
Subsequent Events [Text Block]
Note 13. Subsequent Events.

Management has evaluated subsequent events through the date of the filing of this Annual Report and management noted the following for disclosure.

Winter 2012 Offering

Pursuant to a private offering of our common stock at a price of $0.35 per share that commenced January 2012 (the “Winter 2012 Offering”) in which we seek to raise up to a maximum $1,000,000, we sold 1,455,722 shares of our common stock at $0.35 per share from 16 accredited investors and received $509,500 gross proceeds from the sales.

Each purchaser of stock in the Winter 2012 Offering will receive, for no additional consideration, a stock purchase warrant (the “Winter 2012 Warrant”) entitling the holder to purchase the same number of shares for $0.50 per share until January 31, 2013.

Fall 2011 Offering

Subsequent to December 31, 2011, we received funds from investors previously subscribed to the Fall 2011 Offering and issued 277,084 shares of our common stock and warrants to purchase 277,084 shares of our common stock.