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Stock Options

12 Months Ended

Dec. 31, 2020

Stock Options

Stock Options

Note 8 – Stock Options

Stock option activity for the year ended December 31, 2020, is summarized as follows:

			Shares				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life (Years)
Options outstanding and exercisable at December 31, 2019				12,180,500			$	0.21				5.59
Options outstanding and exercisable at December 31, 2020				12,180,500			$	0.21				4.63

Total stock option compensation was $0 and $80,000 for the years ended December 31, 2020 and 2019. There is no unrecognized compensation expense associated with the option.

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- Definition

The entire disclosure for share-based payment arrangement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-URI http://asc.fasb.org/topic&trid=2228938

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