Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Stock Options and Warrants

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Note 4 - Stock Options and Warrants
 6 Months Ended
Jun. 30, 2015
Guarantees [Abstract]  
Note 4 - Stock Options and Warrants

Stock Options

 

Following is a summary of the stock option activity:

 

    Options Outstanding     Weighted Average Exercise Price  
Outstanding as of December 31, 2014     81,510,021     $ 0.028  
Granted     3,000,000       .03  
Forfeited     (250,000)       -  
Exercised     -       -  
Outstanding as of June 30, 2015     84,260,021     $ 0.028  

 

Warrants

 

Following is a summary of the warrant activity:

 

    Warrants Outstanding     Weighted Average Exercise Price  
Outstanding as of December 31, 2014     663,024,524     $ 0.01  
Granted     302,661,987       0.01  
Forfeited     -       -  
Exercised     -       -  
Outstanding as of June 30, 2015     965,686,511     $ 0.01