NOTE 6 - STOCK OPTIONS (Details Narrative) |
9 Months Ended |
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Sep. 30, 2015
USD ($)
shares
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Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |
Stock option granted - total | 300,000 |
Stock options granted - each director | 100,000 |
Additional stock options to company CFO | 300,000 |
Shares to be purchase upon option exercise - each director | 100,000 |
Price per share | 13.00% |
Shares to be purchase upon option exercise - CFO | 300,000 |
Option expense | $ | $ 77,820 |
Fair market value using a Black-Scholes option | 1.63% |
Dividend yield percentage | 0.00% |
Volatility | 175.00% |
Stock options issued to directors | 450,000 |
Issued shares to directors | 100,000 |
Stock option allowed to purchase | 100,000 |
Price per share | 8.00% |
Additional shares issued for joining board | 150,000 |
Expense recorded | $ | $ 35,999 |
Fair market value using a Black-Scholes option | 1.52% |
Dividend yield percentage | 0.00% |
Volatility | 375.00% |
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- Definition Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The estimated measure of the maximum percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. No definition available.
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- Definition Other than shares newly issued, the number of additional shares issued (for example, a stock split) or canceled (for example, to correct a share issuance), during the period under the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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