Common Stock Options (Tables)

6 Months Ended

Jun. 30, 2013

Notes to Financial Statements

Stock Option Activity

The following table summarizes stock option activity for the six months ended June 30, 2013.

	Options Outstanding	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
Balance, December 31, 2012	-	$	-	-	$	-
Option granted	350,000		0.72
Options cancelled	-		-
Options exercised	-		-
Balance June 30, 2013	350,000	$	0.72	10	$	-
Exercisable at June 30, 2013	-

The assumptions for volatility, expected life, dividend yield and risk-free interest rate

The assumptions for volatility, expected life, dividend yield and risk-free interest rate are presented in the table below:

	2013
Weighted average risk-free interest rate		0.62%
Expected life in years	10 Years
Weighted Avg Expected volatiltiy		87.1%
Expected dividend yield		$0