Quarterly report pursuant to Section 13 or 15(d)

NOTE 7 - STOCK OPTIONS (Tables)

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NOTE 7 - STOCK OPTIONS (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Warrants and Options

Stock options outstanding and exercisable as of March 31, 2017 are as follows:
 
         
Exercise Price per Share   Shares Under Option   Remaining Life in Years
  Outstanding                  
$ 0.08       450,000       1.75  
$ 0.025       200,000       0.75  
$ 0.025       500,000       0.72  
$ 0.01       4,500,000       0.42  
$ 0.13       600,000       3.25  
$ 0.15       1,000,000       2.14  
$ 0.25       1,000,000       2.14  
$ 0.35       1,000,000       2.14  
          9,250,000          
  Exercisable                  
$ 0.08       450,000       1.75  
$ 0.025       200,000       0.75  
$ 0.025       500,000       0.72  
$ 0.01       4,500,000       0.42  
$ 0.13       600,000       3.25  
$ 0.15       1,000,000       2.14  
$ 0.25       1,000,000       2.14  
          8,250,000