Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Stock Options and Warrants: Summary of The Status of Options and Compensation-based Warrants (Tables)

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Note 7 - Stock Options and Warrants: Summary of The Status of Options and Compensation-based Warrants (Tables)
9 Months Ended
Sep. 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 September 30, 2014, and changes during the nine 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

32,624,911

0.01

 

 

Exercised

-

 

 

 

Forfeited

(4,000,000)

0.02

 

-

Expired

(1,100,000)

0.02

 

-

 

 

 

 

 

Outstanding at September 30, 2015

92,470,222

0.015

 3.2 years

$68,959

 

 

 

 

 

Vested and Exercisable at September 30, 2015

61,127,970

$0.02

 2.6 years

$-