| Summary of stock option activity |
| |
|
Number of Shares |
|
|
Weighted Average Exercise Price |
|
| |
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2013 |
|
|
5,351,413 |
|
|
$ |
.09 |
|
| |
|
|
|
|
|
|
|
|
| Granted |
|
|
4,281,317 |
|
|
|
.02 |
|
| Exercised |
|
|
- |
|
|
|
- |
|
| Forfeited |
|
|
- |
|
|
|
- |
|
| Outstanding at September 30, 2014 |
|
|
9,623,730 |
|
|
$ |
.04 |
|
|
| Schedule of common stock options outstanding |
|
Exercise
Price
|
|
|
Number
of Shares
|
|
Remaining
Contractual
Life
|
|
Weighted
Average
Exercise
Price
|
|
|
Exercised at
Sept. 30, 2014
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| $ |
0.09 |
|
|
|
29,678 |
|
3 years |
|
|
0.09 |
|
|
|
- |
|
| $ |
0.17 |
|
|
|
83,333 |
|
4 years |
|
|
0.17 |
|
|
|
- |
|
| $ |
0.17 |
|
|
|
27,778 |
|
4 years |
|
|
0.17 |
|
|
|
- |
|
| $ |
0.17 |
|
|
|
362,624 |
|
4 years |
|
|
0.17 |
|
|
|
- |
|
| $ |
0.13 |
|
|
|
80,914 |
|
4 years |
|
|
0.13 |
|
|
|
- |
|
| $ |
0.13 |
|
|
|
429,086 |
|
4 years |
|
|
0.13 |
|
|
|
- |
|
| $ |
0.06 |
|
|
|
38,000 |
|
4 years |
|
|
0.06 |
|
|
|
- |
|
| $ |
0.04 |
|
|
|
250,000 |
|
4 years |
|
|
0.04 |
|
|
|
- |
|
| $ |
0.04 |
|
|
|
1,625,000 |
|
4 years |
|
|
0.04 |
|
|
|
- |
|
| $ |
0.05 |
|
|
|
400,000 |
|
4 years |
|
|
0.05 |
|
|
|
- |
|
| $ |
0.04 |
|
|
|
75,000 |
|
4 years |
|
|
0.04 |
|
|
|
- |
|
| $ |
0.04 |
|
|
|
300,000 |
|
4 years |
|
|
0.04 |
|
|
|
- |
|
| $ |
0.02 |
|
|
|
300,000 |
|
4 years |
|
|
0.02 |
|
|
|
- |
|
| $ |
0.02 |
|
|
|
1,200,000 |
|
4 years |
|
|
0.02 |
|
|
|
- |
|
| $ |
0.04 |
|
|
|
150,000 |
|
4 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 |
|
|
0.04 |
|
|
|
- |
|
| $ |
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 |
|
|
|
- |
|
| $ |
0.04 |
|
|
|
75,758 |
|
5 years |
|
|
0.04 |
|
|
|
- |
|
| $ |
0.04 |
|
|
|
165,915 |
|
5 years |
|
|
0.04 |
|
|
|
- |
|
| $ |
0.04 |
|
|
|
133,262 |
|
5 years |
|
|
0.04 |
|
|
|
- |
|
| $ |
0.03 |
|
|
|
79,787 |
|
5 years |
|
|
0.03 |
|
|
|
- |
|
| $ |
0.03 |
|
|
|
229,714 |
|
5 years |
|
|
0.03 |
|
|
|
- |
|
| $ |
0.02 |
|
|
|
60,000 |
|
5 years |
|
|
0.03 |
|
|
|
- |
|
| $ |
0.03 |
|
|
|
42,283 |
|
5 years |
|
|
0.03 |
|
|
|
|
|
| $ |
0.02 |
|
|
|
42,283 |
|
5 years |
|
|
0.02 |
|
|
|
- |
|
| $ |
0.02 |
|
|
|
213,833 |
|
5 years |
|
|
0.02 |
|
|
|
- |
|
| $ |
0.02 |
|
|
|
48,649 |
|
5 years |
|
|
0.02 |
|
|
|
- |
|
| $ |
0.01 |
|
|
|
375,000 |
|
5 years |
|
|
0.01 |
|
|
|
- |
|
| $ |
0.02 |
|
|
|
571,313 |
|
5 years |
|
|
0.02 |
|
|
|
- |
|
| $ |
0.02 |
|
|
|
61,224 |
|
5 years |
|
|
0.02 |
|
|
|
- |
|
| Total |
|
|
|
9,632,730 |
|
|
|
$ |
0.04 |
|
|
|
- |
|
|