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Stock Options

12 Months Ended

Dec. 31, 2015

Stock Options

Stock Options

Note 7 – Stock Options

Stock option activity for the year ended December 31, 2015, is summarized as follows:

			Shares				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life (Years)				Aggregate Intrinsic  Value
Options outstanding at December 31, 2014				2,750,000			$	0.78				9.00			$	—
Granted				2,000,000				0.09				—				—
Expired/forfeited				—				—				—				—
Options outstanding at December 31, 2015				4,750,000			$	0.49				9.00			$	—

Total stock-based compensation for the years ended December 31, 2015 and 2014 was $390,000 and $0 respectively.

There is no unrecognized stock compensation expense at December 31, 2015.

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- 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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 40
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=51659978&loc=d3e25284-112666

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
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-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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-Name Staff Accounting Bulletin (SAB)
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