Quarterly report pursuant to Section 13 or 15(d)

STOCK OPTIONS (Tables)

v3.5.0.2
STOCK OPTIONS (Tables)
9 Months Ended
Sep. 30, 2016
Notes to Financial Statements  
Schedule of Outstanding Stock Options

A summary of the status of the Company’s outstanding stock options and changes during the periods is presented below:

 

  Shares available to purchase with options    

Weighted

Average

Price

   

Weighted

Average

Fair Value

               
Outstanding, December 31, 2015   1,000,000     $ 0.27     $ 0.20
                     
Issued   -       -       -
Exercised   -       -       -
Forfeited   -       -       -
Expired   1,000,000       -       -
Outstanding, September 30, 2016   -     $ -     $ -
                     
Exercisable, September 30, 2016   -     $ -     $ -

Schedule of Outstanding Stock Warrants

A summary of the status of the Company’s outstanding stock warrants and changes during the periods is presented below:

  

  Shares available to purchase with warrants    

Weighted

Average

Price

   

Weighted

Average

Fair Value

               
Outstanding, December 31, 2015   51,000,000     $ 0.23     $ 0.186
                     
Issued   -     $ -     $ -
Exercised   -     $ -     $ -
Forfeited   -     $ -     $ -
Expired   -     $ -     $ -
Outstanding, September 30, 2016   51,000,000     $ 0.23     $ 0.186
                     
Exercisable, September 30, 2016   51,000,000     $ 0.23     $ 0.186

 

Range of Exercise Prices Number Outstanding 9/30/2016 Weighted Average Remaining Contractual Life   Weighted Average Exercise Price
$0.23 51,000,000 8.87 years $ 0.23