Stockholders' Equity

12 Months Ended

Dec. 31, 2011

Stockholders Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

12. Stockholders' Equity

Preferred Stock

Ten million shares of preferred stock have been authorized, of which 227,600 are designated as Series A Preferred Stock. Holders of Series A Preferred Stock are entitled to receive cash dividends and/or liquidation proceeds equal, in the aggregate, to $1.00 per share before any cash dividends are paid on shares of the Company's Common Stock or any other series of preferred stock. When the entire dividend/liquidation proceeds with respect to the shares of Series A Preferred Stock have been paid, the shares of Series A Preferred Stock are automatically canceled and will cease to be outstanding. Only a complete corporate dissolution will cause a liquidation preference to be paid.

Common Stock

On September 14, 2011, the Company's Board of Directors approved the issuance to certain of MBC's independent non-employee directors of an aggregate of 183,871 shares of MBC's unregistered Common Stock for services provided during 2009 valued at $57,000.