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Stock Options

9 Months Ended

Sep. 30, 2013

Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]

Note 2 - Stock Options

A summary of stock options is as follows:

	Options	Weighted Avg. Exercise Price		Warrants	Weighted Avg. Exercise Price
Outstanding December 31, 2012	1,685,000	$	0.54	250,000	$	0.70
Granted	37,000		0.70	300,000		0.70
Cancelled	5,000		0.70	550,000		0.70
Exercised	-		-	-		-
Outstanding September 30, 2013	1,717,000	$	0.54	-	$	-

The fair value of options granted was determined by using the Black Scholes model. We expensed $21,524 and $76,232 as compensation expense in the three and nine month periods ended September 30, 2013 respectively.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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