NOTE 6 - STOCK OPTIONS (Details Narrative) - USD ($) |
9 Months Ended | |
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Sep. 30, 2016 |
Sep. 30, 2015 |
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Note 6 - Stock Options | ||
Options issued | 300,000 | |
Company issued options to each Director | 100,000 | |
Additional option issued | 300,000 | |
Option expense | $ 77,820 | |
Risk-free interest - option and warrants | 163.00% | |
Volatily | 17.50% |
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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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- Definition Net number of share options (or share units) granted during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Gross number of share options (or share units) granted during the period. No definition available.
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- Definition The noncash expense that accounts for the value of stock or unit options distributed to employees as compensation. 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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