Annual report pursuant to Section 13 and 15(d)

Note 8 - Stock Options and Warrants: Summary of The Status of Options and Compensation-based Warrants (Tables)

v2.4.1.9
Note 8 - Stock Options and Warrants: Summary of The Status of Options and Compensation-based Warrants (Tables)
12 Months Ended
Dec. 31, 2014
Tables/Schedules  
Summary of The Status of Options and Compensation-based Warrants

A summary of the status of options and compensation-based warrants at December 31, 2014, and changes during the year then ended is presented in the following table:

 

 

Shares

Average

Remaining

Aggregate

 

Under

Exercise

Contractual

Intrinsic

 

Option

Price

Life

Value

 

 

 

 

 

Outstanding at December 31, 2013

69,375,311

0.01

 6.6 years

-

 

 

 

 

 

Granted

4,700,000

0.01

 

 

Exercised

-

-

 

 

Forfeited

(350,000)

0.02

 

 

Expired

(8,780,000)

0.03

 

 

 

 

 

 

 

Outstanding at December 31, 2014

64,945,311

0.02

 3.3 years

-

 

 

 

 

 

Vested and Exercisable at December 31, 2014

45,268,133

$0.02

 2.7 years

-