Annual report pursuant to Section 13 and 15(d)

STOCK OPTIONS

v3.7.0.1
STOCK OPTIONS
12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
STOCK OPTIONS

NOTE 10 – STOCK OPTIONS

 

For the years ended December 31, 2016 and 2015, $16,324 and $119,707 has been amortized to expense, respectively.

 

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     $ 0.27     $ 0.20
Outstanding, December 31, 2016   -     $ -     $ -
                     
Exercisable, December 31, 2016   -     $ -     $ -