Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Stock Options and Warrants

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Note 5 - Stock Options and Warrants
6 Months Ended
Jun. 30, 2014
Guarantees [Abstract]  
Note 5 - 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, 2013     28,075,684     $ 0.07  
Granted     -       -  
Forfeited     -       -  
Exercised     -       -  
Outstanding as of June 30, 2014     28,075,684     $ 0.07  

 

Warrants

 

Following is a summary of the warrant activity:

    Warrants Outstanding     Weighted Average Exercise Price  
Outstanding as of December 31, 2013     591,045,682     $ 0.02  
Granted     12,714,286       0.01  
Forfeited     40,559,994       0.01  
Exercised              
Outstanding as of June 30, 2014     563,199,974     $ 0.02