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6. PREFERRED STOCK
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6 Months Ended | ||
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Jun. 30, 2011
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| Preferred Stock [Text Block] |
For
the three months ended June 30, 2011, no shares of the
Company’s Series B Cumulative Convertible Preferred
Stock (“Series B Preferred Stock”) were converted
into shares of the Company’s common stock. For the six
months ended June 30, 2011, 528,982 shares of the
Company’s Series B Preferred Stock were converted into
443,589 shares of the Company’s common stock.
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