Quarterly report pursuant to Section 13 or 15(d)

NOTE 8 - STOCK OPTIONS (Tables)

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NOTE 8 - STOCK OPTIONS (Tables)
9 Months Ended
Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Warrants and Options

 

Stock options outstanding and exercisable as of September 30, 2014 are as follows:
 
Exercise Price per Share   Shares Under Option   Remaining Life in Years
Outstanding        
$ 0.08       450,000       4.25  
$ 0.025       200,000       3.25  
$ 0.025       500,000       3.22  
$ 0.01       4,500,000       2.92  
$ 0.15       1.000,000       4.64  
$ 0.25       1,000,000       4.64  
$ 0.35       1,000,000       4.64  
          8,650,000          
  Exercisable                  
$ 0.025       200,000       3.25  
$ 0.025       500,000       3.22  
$ 0.01       4,500,000       2.92  
$ 0.15       1,000,000       4.64  
          6,200,000