Quarterly report pursuant to sections 13 or 15(d)

NOTE 19 – STOCK PURCHASE WARRANTS AND OPTIONS (Tables)

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NOTE 19 – STOCK PURCHASE WARRANTS AND OPTIONS (Tables)
3 Months Ended
Sep. 30, 2012
Other Liabilities Disclosure [Abstract]  
Warrants
Following is a summary of warrants outstanding:  
  For the Nine Months Ended
  September 30, 2012   September 30, 2011
  Shares   Weigthed Avg Exercise Price   Shares   Weigthed Avg Exercise Price
Outstanding at beginning of period 3,300,000   $0.10   15,000,000   $3.00
Granted 4,025,000   $0.06   2,500,000   $0.10
Exercised              
Forfeited 2,500,000   $0.10        
Expired         15,000,000   $3.00
Outstanding at end of period 4,825,000   $0.07   2,500,000   $0.10
Exercisable at end of period 4,825,000   $0.07   2,500,000   $0.10
               
Weighted average remaining contractual term     $0.07       $0.10
Exercisable     $0.07       $0.10
Options
Following is a summary of options outstanding:  
For the Nine Months Ended
  September 30, 2012   September 30, 2011
  Shares   Weigthed Avg Exercise Price   Shares   Weigthed Avg Exercise Price
Outstanding at beginning of period              
Granted 350,000   $0.04        
Exercised              
Forfeited              
Expired              
Outstanding at end of period 350,000   $0.04        
Exercisable at end of period 58,333   $0.04        
               
Weighted average remaining contractual term     $0.04        
               
Weighted average grant date fair value              
Exercisable     $0.04        
Weighted average remaining contractual term     $0.04