Stock Options

3 Months Ended

Apr. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock Options

NOTE 5 – Stock options

Qualified and Non-qualified incentive stock options to employees and directors outstanding at April 30, 2017 are as follows:

			Weighted average
	Number of		exercise
	options		price per share
Outstanding, January 31, 2017		97,392,450	$	0.034
Granted		—		—
Cancelled		—		—
Exercised		—		—
Outstanding, April 30, 2017		97,392,450	$	0.034
Exercisable, April 30, 2017		96,798,700	$	0.034

These options had a weighted average remaining life of 4.23 years and an aggregate intrinsic value of $8,104 as of April 30, 2017.

Non-qualified stock options to non-employee consultants and vendors outstanding at April 30, 2017 are as follows:

			Weighted average
	Number of		exercise
	options		price per share
Outstanding, January 31, 2017		1,453,800	$	0.017
Granted		—		—
Expired		—		—
Exercised		—		—
Outstanding, April 30, 2017		1,453,800	$	0.017
Exercisable, April 30, 2017		1,453,800	$	0.017

These options had a weighted average remaining life of 6.93 years and an aggregate intrinsic value of $663 as of April 30, 2017.

During the three months ended April 30, 2017, we recognized $2,808 of compensation expense related to incentive and non-qualified stock options granted to officers, employees and consultants.