WARRANTS: Status of warrants outstanding (Tables)
 3 Months Ended
Jun. 30, 2012
Status of warrants outstanding:  
Status of warrants outstanding

 

Number of Warrants

 

Weighted-Average Exercise Price

Outstanding at January 1, 2012

20,000

 

$ 15.50

Granted

-

 

$ 0.00

Exercised

-

 

$ 0.00

Cancelled

-

 

$ 0.00

Outstanding at June 30, 2012

20,000

 

$ 15.50

Warrants exercisable at June 30, 2012

20,000

 

$ 15.50