6. STOCK OPTIONS (Details Narrative) (USD $)
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12 Months Ended | ||
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Dec. 31, 2010
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Sep. 30, 2012
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Dec. 31, 2009
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Minimum [Member]
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Options exercisable exercise price | 0.10 | ||
Maximum [Member]
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Options exercisable exercise price | 0.15 | ||
Non-employee stock options [Member]
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Stock options outstanding | 32,500 | 22,500 | 10,000 |
Granted Options | 22,500 | ||
Options exercisable | 22,500 | ||
Fair value of options | $ 22,500 | ||
Dividend yield | 0.00% | ||
Volatility rate | 100.00% | ||
Compensation expense | $ 53,262 | ||
Options exercised | 10,000 | ||
Non-employee stock options [Member] | Minimum [Member]
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Options exercisable exercise price | $ 0.10 | ||
Risk free interest rate | 1.08% | ||
Expected lives | 2 years | ||
Non-employee stock options [Member] | Maximum [Member]
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Options exercisable exercise price | $ 0.15 | ||
Risk free interest rate | 2.67% | ||
Expected lives | 5 years |
X | ||||||||||
- Definition
Custom Element. No definition available.
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X | ||||||||||
- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Gross number of share options (or share units) granted during the period. No definition available.
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X | ||||||||||
- Definition
The number of shares reserved for issuance under stock option agreements awarded under the plan that validly exist and are outstanding as of the balance sheet date, including vested options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Weighted average remaining contractual term for option awards outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Number of share options (or share units) exercised during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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