Note 4. Equity: Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions (Tables)

9 Months Ended

Sep. 30, 2013

Tables/Schedules

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

On December 5, 2012, Brenham issued 3,000,000 stock options to Brenham’s Vice President - Technology, Mr. L. Rogers Hardy, with an exercise price of 0.035 per share, expiring in 3 years, valued at $104,974 and recorded as stock-based compensation.  Brenham estimated the fair value of each stock option at the grant date as $0.035 by using the Black-Scholes option-pricing model with the following weighted-average assumptions used for grants in 2012 as follows:

	December 5, 2012
Dividend yield	0.0%
Expected volatility	423.12%
Risk free interest	0.75%
Expected lives	3 years