XML 37 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
15. STOCK OPTIONS (Tables)
9 Months Ended
Sep. 30, 2014
Stock Options Tables  
Stock options

 

          Weighted Average        
    Options     Exercise Price     $  
Outstanding as of December 31, 2011     30,861,087       0.070       2,160,276  
Granted     -       -       -  
Exercised     2,351,187       -       -  
Forfeitures     (18,009,900 )     (0.050 )     (900,495 )
Outstanding as of December 31, 2012     12,851,187       0.098       1,259,781  
Granted     34,000,000       0.070       2,386,000  
Exercised     -       -       -  
Forfeitures     (6,000,000 )     (0.030 )     (180,108 )
Outstanding as of December 31, 2013     40,851,187       0.085       3,465,673  
Granted     25,000,000       0.099       2,470,000  
Exercised     (5,126,187 )     (0.13 )     (682,923 )
Forfeitures     (23,725,000 )     (0.096 )     (2,266,751 )
Outstanding as of September 30, 2014     37,000,000     $ 0.081     $ 2,986,000  

 

The following table summarizes information about stock options outstanding and exercisable at September 30, 2014: 

 

          Weighted   Weighted           Weighted  
          Average   Average           Average  
Range of     Number   Remaining Life   Exercise Price     Number     Exercise Price  
Exercise Prices     Outstanding   In Years   Exerciseable     Exerciseable     Exerciseable  
  0.043       12,000,000   8.73 years   $ 0.043       5,500,000     $ 0.043  
  0.070       16,000,000   4.83 years   $ 0.070       1,111,111     $ 0.070  
  0.150       9,000,000   4.73 years     0.150       1,000,000       0.150  
          37,000,000   6.07 years   $ 0.081       7,611,111     $ 0.082