NOTE 6 - STOCK OPTIONS (Details Narrative) - USD ($) |
12 Months Ended | |
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Dec. 31, 2015 |
Dec. 31, 2014 |
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Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ||
Stock option issued - total | 300,000 | 450,000 |
Additional options for CFO | 300,000 | |
Shares to be purchase upon option exercise - each director | 100,000 | 100,000 |
Shares to be purchase upon option exercise CFO | 300,000 | |
Price per share | 13.00% | 8.00% |
Equity compensation expense | $ 45,946 | $ 35,999 |
Risk-free interest - option and warrants | 163.00% | 152.00% |
Volatily | 17.50% | 37.50% |
Warrants issued | 55,000 | |
Warrants expense | $ 7,036 | |
Volatily | 27.10% |
X | ||||||||||
- Definition This element represents the amount of recognized equity-based compensation related to employee stock purchase programs during the period, that is, the amount recognized as expense in the income statement (or as asset if compensation is capitalized). No definition available.
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- References No definition available.
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- Definition Measure of dispersion, in percentage terms (for instance, the standard deviation or variance), for a given stock price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Risk-free interest rate assumption used in valuing an instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- References No definition available.
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