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EXCEL - IDEA: XBRL DOCUMENT - AMERICAN LOCKER GROUP INCFinancial_Report.xls
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v2.4.0.6
Stockholders' Equity
9 Months Ended
Sep. 30, 2012
Stockholders' Equity [Abstract]  
Stockholders' Equity

6. Stockholders’ Equity

On March 31, 2012, the Company issued 3,986 shares of common stock to non-employee directors and increased other capital by $1,516, which represents a compensation expense of $5,500.

Effective May 25, 2012, the board of directors will no longer have the option of receiving common stock in lieu of cash compensation as director’s fees. As a result, the Company did not issue any shares of common stock to directors in the second or third quarter of 2012.