Quarterly report pursuant to Section 13 or 15(d)

Note 14 - STOCK OPTIONS AND WARRANTS (Tables)

Note 14 - STOCK OPTIONS AND WARRANTS (Tables)

9 Months Ended

Sep. 30, 2014

Note 14 - Stock Options And Warrants Tables

Transactions involving stock options issued to employees, Employee Options

Transactions involving stock options issued to employees are summarized as follows:

	Number of Shares			Weighted Average Exercise Price Per Share
Outstanding at December 31, 2013		9,000,000		$	0.015
Granted		-			-
Exercised		(9,000,000	)		(0.015	)
Expired		-			-
Outstanding at September 30, 2014		-0-		$	-

Summary of the changes in non-employee options outstanding and the related prices

The following table summarizes the changes in non-employee options outstanding and the related prices for the shares of the Company’s common stock issued to non-employees of the Company under the 2013 Stock Option Plan:

Options Outstanding						Options Exercisable
Exercise Prices		Number Outstanding		Weighted Average Remaining Contractual Life (Years)		Weighted Average Exercise Price		Number Exercisable		Weighted Average Exercise Price
$	0.10		250,000		4.07	$	0.10		240,000	$	0.10
	0.20		150,000		4.45		0.20		120,000		0.20
			400,000		4.21		0.1375		360,000

Transactions involving stock options issued to employees, Non-employee options

Transactions involving stock options issued to non-employees are summarized as follows:

	Number of Shares			Weighted Average Exercise Price Per Share
Outstanding at December 31, 2013		2,750,000		$	0.015
Granted		150,000			0.020
Exercised		(2,500,000	)		0.015
Expired		-			-
Outstanding at September 30, 2014		400,000		$	0.015

Summary of changes in warrants outstanding and related prices

The following table summarizes the changes in warrants outstanding and the related prices for the shares of the Company’s common stock:

Warrants Outstanding						Warrants Exercisable
Exercise Prices		Number Outstanding		Weighted Average Remaining Contractual Life (Years)		Weighted Average Exercise Price		Number Exercisable		Weighted Average Remaining Contractual Life (Years)
$	0.25		1,475,000		4.19	$	0.25		1,475,000		4.19
	1.00		1,155,000		3.76		1.00		1,155,000		3.76
	$0.45		2,630,000		4.00	$	0.94		2,630,000		4.00

Summary of warrant activities

Transactions involving warrants are summarized as follows:

	Number of Shares			Weighted Average Exercise Price Per Share
Outstanding at December 31, 2013		2,430,000		$	1.00
Issued		1,475,000			0.25
Exercised		-			-
Canceled		(1,250,000	)		(1.00	)
Outstanding at September 30, 2014		2,630,000		$	0.45