Note 10 - Stock Options and Warrants

3 Months Ended

Mar. 31, 2015

Notes

Note 10 - Stock Options and Warrants

NOTE 10 – STOCK OPTIONS AND WARRANTS

During the three months ended March 31, 2015, we did not issue any new stock options or warrants.

The following table summarizes the stock option and warrant activity during the three months ended March 31, 2015:

	Shares	Weighted Average Exercise Price	Weighted Average Remaining Contract Term
Outstanding at December 31, 2014	4,977,267	$0.03
Granted	-
Exercised	-
Expired or cancelled	-
Outstanding, vested and exercisable    at March 31, 2015	4,977,267	$0.03	4.00

In May 2014, the Board of Directors of the Company adopted and approved the One World Holdings Inc. 2014 Stock Option and Stock Award Plan (the “Plan”).  Also, the holders of a majority of the Company’s outstanding common stock voted to approve and authorize adoption of the Plan.  A total of 2,000,000 shares of our common stock are available for issuance under the Plan.  Under the Plan, we may issue options, including incentive stock options and non-statutory stock options, restricted stock grants, or stock appreciation rights.  Awards under the Plan may be granted to employees, consultants, directors and individuals who meet the requirements defined in the Plan.