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Stock Based Compensation: Share-based Compensation, Option and Incentive Plans Policy (Policies)
3 Months Ended
Mar. 31, 2014
Policies  
Share-based Compensation, Option and Incentive Plans Policy

Stock-based compensation is measured at the grant date, based on the calculated fair value of the option, and is recognized as an expense on a straight-line basis over the requisite employee service period (generally the vesting period of the grant).    

 

The Black-Scholes option pricing model was used with the following weighted-average assumptions for options granted during the three months ended March 31, 2014:

 

Risk-free interest rate 1.7%

Expected option life 5 years

Expected volatility 234%

Expected dividend yield 0%