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Note 4 - 2012 Stock Option and Stock Award Plan	3 Months Ended
Mar. 31, 2015
Notes
Note 4 - 2012 Stock Option and Stock Award Plan	NOTE 4 – 2012 STOCK OPTION AND STOCK AWARD PLAN During the three months ended March 31, 2015, the Company granted stock options to purchase up to 60,000 shares of the Company’s common stock to two key officers. The options covering a total of 60,000 shares vested at the date of grant. The stock options have an exercise price of $1.00 per share and will expire ten (10) years from the date of grant. The fair value of the options of $10,180 was determined using the Black-Scholes option-pricing model. The assumptions used to calculate the fair market value are as follows: (i) risk-free interest rate of 0.87% (ii) estimated volatility of 17% (iii) dividend yield of 0.00% and (iv) expected life of the options of 5 years. Approximately $10,180 was expensed during the three months ended March 31, 2015 with regards to stock options granted to the two key officers. As of March 31, 2015, 688,250 securities have been awarded, net of forfeitures, from the 2012 Stock Option and Stock Award Plan with a remaining unissued balance of 96,750 securities.

Note 4 - 2012 Stock Option and Stock Award Plan

3 Months Ended

Mar. 31, 2015

Note 4 - 2012 Stock Option and Stock Award Plan

NOTE 4 – 2012 STOCK OPTION AND STOCK AWARD PLAN

During the three months ended March 31, 2015, the Company granted stock options to purchase up to 60,000 shares of the Company’s common stock to two key officers. The options covering a total of 60,000 shares vested at the date of grant. The stock options have an exercise price of $1.00 per share and will expire ten (10) years from the date of grant. The fair value of the options of $10,180 was determined using the Black-Scholes option-pricing model. The assumptions used to calculate the fair market value are as follows: (i) risk-free interest rate of 0.87% (ii) estimated volatility of 17% (iii) dividend yield of 0.00% and (iv) expected life of the options of 5 years. Approximately $10,180 was expensed during the three months ended March 31, 2015 with regards to stock options granted to the two key officers.

As of March 31, 2015, 688,250 securities have been awarded, net of forfeitures, from the 2012 Stock Option and Stock Award Plan with a remaining unissued balance of 96,750 securities.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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