Quarterly report pursuant to Section 13 or 15(d)

NOTE 6 - STOCK OPTIONS (Tables)

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NOTE 6 - STOCK OPTIONS (Tables)
 3 Months Ended
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Warrants and Options
Stock options outstanding and exercisable as of March 31, 2016 are as follows:
Exercise Price per Share   Shares Under Option   Remaining Life in Years
  Outstanding                  
$ 0.08       450,000       2.75  
$ 0.025       200,000       1.75  
$ 0.025       500,000       1.72  
$ 0.01       4,500,000       1.42  
$ 0.13       600,000       4.25  
$ 0.15       1,000,000       3.14  
$ 0.25       1,000,000       3.14  
$ 0.35       1,000,000       3.14  
          9,250,000          
  Exercisable                  
$ 0.08       450,000       2.75  
$ 0.025       200,000       1.75  
$ 0.025       500,000       1.72  
$ 0.01       4,500,000       1.42  
$ 0.15       1,000,000       3.14  
          6,650,000