STOCK BASED COMPENSATION

3 Months Ended

Mar. 31, 2012

13.	STOCK BASED COMPENSATION

	Number of warrants			Weighted- average exercise price		Weighted- average remaining life

Warrants outstanding and exercisable as of January 1, 2012		359,934		$	US3.60	8 days
Expired during the period		(350,267	)	$	US3.60
Warrants outstanding and exercisable as of March 31, 2012		9,667		$	US4.70	184 days

The aggregate intrinsic value, which represents the difference between the price of the Company's common stock at March 31, 2012 and the related exercise price of the underlying warrants, was US$0 for outstanding and exercisable warrants as of March 31, 2012.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

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-Name Statement of Position (SOP)

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Reference 6: http://www.xbrl.org/2003/role/presentationRef

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-Name Statement of Financial Accounting Standard (FAS)

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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+ Details

Changda International Holdings, Inc. 10-Q