Note 4 - Stockholder's Equity

12 Months Ended

Dec. 31, 2019

Notes

Note 4 - Stockholder's Equity

NOTE 4 – STOCKHOLDERS' DEFICIT

Employee Options

The Company accounts for employee stock-based compensation in accordance with the guidance of FASB ASC Topic 718, Compensation – Stock Compensation which requires all share-based payments to employees, including grants of employee stock options, to be recognized in the financial statements based on their fair values.

The Company has adopted a stock option and award plan to attract, retain and motivate its directors, officers, employees, consultants and advisors. Options provide the opportunity to acquire a proprietary interest in the Company and to benefit from its growth. Vesting terms and conditions are determined by the Board of Directors at the time of the grant. The Plan provides for the issuance of up to 15,000,000 common shares for employees, consultants, directors, and advisors.

A summary of changes in stock options during the years ended December 31, 2019 and 2018 is as follows:

	Stock Options	Weighted Average Exercise Price	Weighted Average Life Remaining
Outstanding, December 31, 2017	13,000,000	$            0.70	3.80
	-	-	-
Exercised	-	-	-
Expired	-	-	-
Outstanding, December 31, 2018	13,000,000	0.70	2.80
Issued	-	-	-
Exercised	-	-	-
Expired	-	-	-
Outstanding, December 31, 2019	13,000,000	$            0.70	1.80
Vested, December 31, 2019	13,000,000	$            0.70	1.80