Annual report pursuant to Section 13 and 15(d)

Summary of the status of warrants December 31, 2011 presented below (Details)

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Summary of the status of warrants December 31, 2011 presented below (Details)
Number of Warrants.
Weighted Average Exercise Price.
Outstanding, beginning of year. at Dec. 31, 2010 15,856,999 0.17
Issued. 11,055,097 0.16
Exercised. (2,740,000) 0.09
Expired. (3,758,666) 0.11
Outstanding, end of period. at Dec. 31, 2011 20,413,430 0.19