Quarterly report pursuant to Section 13 or 15(d)

NOTE 6 - STOCK OPTIONS

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NOTE 6 - STOCK OPTIONS
 6 Months Ended
Jun. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
NOTE 6 - STOCK OPTIONS

 

NOTE 6 – STOCK OPTIONS

During the six months ended June 30, 2013, no stock options or warrants were exercised. There are no outstanding warrants as of June 30, 2013.

 

Stock Warrants and Options
Stock options outstanding and exercisable as of June 30, 2013 are as follows:

 

Exercise Price per Share   Shares Under Option   Remaining Life in Years
  Outstanding                  
$ 0.57       845,832       0.50  
$ 0.57       33,333       0.36  
$ 0.025       500,000       4.47  
$ 0.01       4,500,000       4.17  
          5,879,165          
  Exercisable                  
$ 0.57       845,832       0.50  
$ 0.57       33,333       0.36  
$ 0.01       1,500,000       4.17  
          2,379,165