Note 10 Stockholder’s Equity |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2016 | ||||||||||||||||||||||||||||||||||||||||||||||
| Stockholders' Equity Note [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||
| Stockholders' Equity Note Disclosure [Text Block] | Note 10 Stockholder’s Equity Common Stock During the Six Months period ended June 30, 2016, the Company issued 2,458,519 shares of common stock and received or credited gross proceeds of $283,660. The expenses of offering totaled $270,253. The net proceeds were used for working capital, corporate expenses, legal fees and public company expenses. Options The following table sets forth certain information regarding Option Awards as of June 30, 2016 for each executive officer of the Company who received such awards and all officers and directors as a group. None were outstanding as of the fiscal year ended December 31, 2015 (1) (2)
(1) No Stock Awards have been issued into the Equity Incentive Plan. (2) An aggregate of 450,000 Share Option Awards have been issued to 3 employees and 2 consultants of the Company at an exercise price of $0.01 per share expiring on 1/21/21. Basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by dividing net loss by the weighted average number of shares of common stock and potentially outstanding shares of common stock during each period The computation of basic and diluted loss per share at June 30, 2016 excludes the common stock equivalents from convertible debt of the following potentially dilutive securities because their inclusion would be anti-dilutive:
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