Annual report pursuant to Section 13 and 15(d)

Note 13 - STOCK OPTIONS AND WARRANTS (Tables)

v2.4.0.8
Note 13 - STOCK OPTIONS AND WARRANTS (Tables)
12 Months Ended
Dec. 31, 2013
Note 13 - Stock Options And Warrants Tables  
Summary of the changes in employee options outstanding and the related prices for the shares
Options Outstanding     Options Exercisable  

Exercise

Prices

   

Number

Outstanding

   

Weighted Average

Remaining Contractual

Life (Years)

   

Weighted Average

Exercise Price

   

Number

Exercisable

   

Weighted

Average

Exercise Price

 
                                             
$ 0.015       9,000,000       4.73     $ 0.015       9,000,000     $ 0.015  
Transactions involving stock options issued to employees, Employee Options
   

Number of

Shares

   

Weighted

Average

Exercise

Price Per Share

 
Outstanding at January 1, 2012     -     $ -  
Granted     9,000,000       0.015  
Exercised     -       -  
Cancelled or expired     -       -  
Outstanding at December 31, 2012     9,000,000     $ 0.015  
Granted     9,000,000       0.015  
Exercised     (9,000,000 )     0.015  
Expired     -       -  
Outstanding at December 31, 2013     9,000,000     $ 0.015  
Summary of the changes in non-employee options outstanding and the related prices
Options Outstanding     Options Exercisable  

Exercise

Prices

   

Number

Outstanding

   

Weighted Average

Remaining Contractual

Life (Years)

   

Weighted Average

Exercise Price

   

Number

Exercisable

   

Weighted

Average

Exercise Price

 
                                             
$ 0.015       2,750,000       4.91     $ 0.015       2,650,000     $ 0.015  
Transactions involving stock options issued to employees, Non-employee options
   

Number of

Shares

   

Weighted

Average

Exercise

Price Per Share

 
Outstanding at January 1, 2012     -     $ -  
Granted     -       -  
Exercised     -       -  
Cancelled or expired     -       -  
Outstanding at December 31, 2012     -     $ -  
Granted     2,750,000       0.015  
Exercised     -       -  
Expired     -       -  
Outstanding at December 31, 2013     2,750,000     $ 0.015  
Summary of changes in warrants outstanding and related prices
Warrants Outstanding     Options Exercisable  

Exercise

Prices

   

Number

Outstanding

   

Weighted Average

Remaining Contractual

Life (Years)

   

Weighted Average

Exercise Price

   

Number

Exercisable

   

Weighted

Average

Exercise Price

 
                                             
$ 1.00       2,430,000       4.26     $ 1.00       2,430,000     $ 1.00  
Summary of warrant activities
   

Number of

Shares

   

Weighted Average

Exercise Price

Per Share

 
Outstanding at January 1, 2012     -     $ -  
Issued     -       -  
Exercised     -       -  
Cancelled or expired     -       -  
Outstanding at December 31, 2012     -     $ -  
Issued     2,430,000       1.00  
Exercised     -       -  
Expired     -       -  
Outstanding at December 31, 2013     2,430,000     $ 1.00