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Stock Options

3 Months Ended

Mar. 31, 2016

Stock Options

Stock Options

Note 7 – Stock Options

Stock option activity for the quarter ended March 31, 2016, is summarized as follows:

			Shares				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life (Years)
Options outstanding at December 31, 2015				4,750,000			$	0.49				9.00
Granted				—				—				—
Expired/forfeited				—				—				—
Options outstanding at March 31, 2016				4,750,000			$	0.49				9.00

Total stock option compensation for the three months ended March 31, 2016 and 2015 was $0. There is no unrecognized compensation expense associated with the options.

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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
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-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

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-Name Accounting Standards Codification
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