Note 3 - Equity

6 Months Ended

Jun. 28, 2013

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

3.     Equity

Common Stock

Each share of common stock is entitled to one vote. The holders of common stock are also entitled to receive dividends whenever funds are legally available and when declared by the Board of Directors (the “Board”), subject to the prior rights of the holders of any outstanding senior classes of stock, of which there are currently none. The Company records stock as issued when the consideration is received or the obligation is incurred.

The following summarizes the Company’s stock option activity and related information:

	Shares			Range of Exercise Prices				Weighted Average Exercise Price
Outstanding at December 30, 2011		2,235,782			0.01	-	0.30		0.13
Options granted		100,000				0.25			0.25
Options exercised		0				0			0
Options cancelled or expired		0				0			0
Outstanding at December 28, 2012		2,335,782		$	0.01	-	0.30	$	0.14
Options granted		0				0			0
Options exercised		0				0			0
Options cancelled or expired		(75,000	)			.30			.30
Outstanding at June 28, 2013		2,260,782		$	0.01	-	0.25	$	0.13
Exercisable at June 28, 2013		2,260,782		$	0.01	-	0.25	$	0.13
Exercisable at December 28, 2012		2,335,782		$	0.01	-	0.30	$	0.14

The following table summarizes information about options outstanding and exercisable as of June 28, 2013:

Outstanding and Exercisable Options
Exercise Price		Number Outstanding		Number Exercisable		Weighted Average Remaining Life (years)	Weighted Average Price
$	0.01		10,782		10,782	37.5	$	0.01
$	0.13		2,150,000		2,150,000	2.9	$	0.13
$	0.25		100,000		100,000	8.4	$	0.25