Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Stock Options and Warrants (Tables)

v3.2.0.727
Note 7 - Stock Options and Warrants (Tables)
6 Months Ended
Jun. 30, 2015
Tables/Schedules  
Summary of The Status of Options and Compensation-based Warrants

A summary of the status of options and compensation-based warrants at June 30, 2014, and changes during the six months then ended is presented in the following table:

 

 

 

 

Weighted

 

 

 

Weighted

Average

 

 

Shares

Average

Remaining

Aggregate

 

Under

Exercise

Contractual

Intrinsic

 

Option

Price

Life

Value

 

 

 

 

 

Outstanding at December 31, 2014

64,945,311

0.01

3.3 years

-

 

 

 

 

 

Granted

30,775,421

0.01

 

 

Exercised

-

-

 

 

Forfeited

(4,000,000)

0.02

 

-

Expired

(1,100,000)

0.02

 

-

 

 

 

 

 

Outstanding at June 30, 2015

90,620,732

0.02

3.4 years

$81,919

 

 

 

 

 

Vested and Exercisable at June 30, 2015

46,950,062

$0.02

2.4 years

-

Schedule of Stock Warrants

A summary of the status of the warrants outstanding at June 30, 2015, and changes during the six months ended is presented in the following table:

 

 

 

Weighted

Weighted

 

 

Shares

Average

Average

Aggregate

 

Under

Exercise

Remaining

Intrinsic

 

Warrant

Price

Contractual life

Value

 

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2014

3,083,332

0.01

6.31 years

-

 

 

 

 

 

Issued

-

 

 

 

Exercised

-

 

 

 

Expired

-

 

 

 

 

 

 

 

 

Outstanding at June 30, 2015

3,083,332

0.01

5.58 years

-