Quarterly report pursuant to Section 13 or 15(d)

NOTE 5 - STOCK OPTIONS (Tables)

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NOTE 5 - STOCK OPTIONS (Tables)
 6 Months Ended
Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Warrants and Options

 

Stock options outstanding and exercisable as of June 30, 2014 are as follows:
Exercise Price per Share   Shares Under Option   Remaining Life in Years
  Outstanding                  
$ 0.08       450,000       4.50  
$ 0.025       200,000       3.50  
$ 0.025       500,000       3.47  
$ 0.01       4,500,000       3.17  
          5,650,000          
  Exercisable                  
$

0.025

     200,000       3.50  
$ 0.025       500,000       3.47  
$ 0.01       4,500,000       3.17  
          5,000,000