Quarterly report pursuant to Section 13 or 15(d)

NOTE 6. STOCK OPTIONS AND SUBSCRIPTIONS PAYABLE (Tables)

v2.4.0.8
NOTE 6. STOCK OPTIONS AND SUBSCRIPTIONS PAYABLE (Tables)
 3 Months Ended
Mar. 31, 2014
Note 6. Stock Options And Subscriptions Payable Tables  
Summary of stock option activity

A summary of stock option activity for California is as follows:

 

   

Number of

Shares

    

Weighted Average

Exercise Price

  
                 
Outstanding at December 31, 2013     22,500     $ .35  
Granted     -       -  
Exercised     -       -  
Forfeited     -       -  
Outstanding at March 31, 2014     22,500     $ .35  

 

A summary of stock option activity for Delaware is as follows:

 

   

Number of

Shares

    

Weighted Average

Exercise Price

  
                 
Outstanding at December 31, 2013     5,321,735     $ .09  
Granted     2,182,296       .04  
Exercised     -       -  
Forfeited     -       -  
Outstanding at March 31, 2014     7,533,709     $ .13  
Schedule of common stock options and warrants outstanding

Following is a summary of the status of options for California outstanding at March 31, 2014:

 

Exercise

Price

    

Number

of Shares

  

Weighted

Average

Contractual

Life

  

Weighted

Average

Exercise

Price

    

Exercised at

March 31, 2013

  
                       
$ 0.15       20,000   5 years    $ 0.15       -  
$ 0.10       1,500   5 years     0.10       -  
$ 0.10       1,000   5 years     0.10       -  
Total       22,500       $ 0.35       -  

 

Following is a summary of the status of options for Delaware outstanding at March 31, 2014:

 

Exercise

Price

    

Number

of Shares

  

Weighted

Average

Contractual

Life

  

Weighted

Average

Exercise

Price

    

Exercised at

March 31, 2014

  
$ 0.09       29,678   5 years    $ 0.09       -  
$ 0.17       83,333   5 years     0.17       -  
$ 0.17       27,778   5 years     0.17       -  
$ 0.17       362,624   5 years     0.17       -  
$ 0.13       80,914   5 years     0.13       -  
$ 0.13       429,086   5 years     0.13       -  
$ 0.06       38,000   5 years     0.06       -  
$ 0.04       250,000   5 years     0.04       -  
$ 0.04       1,625,000   5 years     0.04       -  
$ 0.05       400,000   5 years     0.05       -  
$ 0.04       75,000   5 years     0.04       -  
$ 0.04       300,000   5 years     0.04       -  
$ 0.02       300,000   5 years     0.02       -  
$ 0.02       1,200,000   5 years     0.02       -  
$ 0.04       150,000   5 years     0.04       -  
$ 0.02       1,500,000   5 years     0.04       -  
$ 0.04       37,603   5 years     0.04       -  
$ 0.02       105,000   5 years     0.02       -  
$ 0.04       29,693   5 years     0.04       -  
$ 0.02       135,000   5 years     0.04       -  
$ 0.04       300,000   5 years     0.04       -  
$ 0.04       75,000   5 years     0.04       -  
Total       7,533,709       $ 0.13       -