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2. Summary of Significant Accounting Policies: Stock-based Compensation (Policies)
9 Months Ended
Sep. 30, 2015
Policies  
Stock-based Compensation

Stock-Based Compensation

 

The Company periodically issues common shares or options to purchase shares of the Company’s common shares to its officers, directors or other parties. These issuances are recorded at fair value for both the common shares issued and options granted.

 

The Company uses a Black Scholes valuation model for determining fair value of options to purchase shares, and compensation expense is recognized ratably over the vesting periods on a straight line basis. Compensation expenses for grants that vest immediately are recognized in the period of grant.