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OPTIONS AND WARRANTS
3 Months Ended
Mar. 31, 2013
Notes to Financial Statements  
OPTIONS AND WARRANTS

NOTE 4. OPTIONS AND WARRANTS

 

On August 20, 2012 the Company issued to the holder of a $165,000 convertible promissory note a warrant, exercisable for three years from August 20, 2012, to purchase up to 16,500,000 of the common shares of the Company at an exercise price of $0.01 per share. As of March 31, 2013 the Company had the following warrants and options outstanding:

 

Shares issuable through Exercise of Warrant Exercise Price Shares Exercised Expiration date
16,500,000 $0.01 0 August 20,2015