6. PREFERRED STOCK |
9 Months Ended | ||
|---|---|---|---|
Sep. 30, 2011 | |||
| Preferred Stock [Text Block] |
For
the three months ended September 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 nine
months ended September 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.
|