Quarterly report pursuant to Section 13 or 15(d)

Summary of the stock option activity and changes during the period (Details)

v2.4.0.8
Summary of the stock option activity and changes during the period (Details)
Shares
Weighted Average Exercise Price
Weighted Average Remaining contractual Term
Aggregate Intrinsic Value
Outstanding at Dec. 31, 2012 1,125,000 2.37 0 0
Granted. 1,585,000 4.66 0 0
Forfeited. (137,500) 2.55 0 0
Exercised. (10,000) 2.00 0 0
Outstanding at Sep. 30, 2013 2,562,500 3.78 9.0 12,283,140
Exercisable. at Sep. 30, 2013 237,500 2.37 6.7 2,931,520