NOTE 7 - STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2015

Note 7 - Stock-Based Compensation Tables

Summary of options issued, exercised and cancelled

A summary of options issued, exercised and cancelled for the three and six months ended June 30, 2015 is as follows:

	Shares		Weighted-Average Exercise Price ($)	Weighted-Average Remaining Contractual Term	Aggregate Intrinsic Value ($)
Outstanding at December 31, 2014	6,810,766		0.26	8.11	—
Granted	130,000		0.07	10.00	—
Exercised	—		—	—	—
Cancelled	(125,000	)	0.19	—	—
Outstanding at June 30, 2015	6,815,766		0.26	7.66	—
Exercisable at June 30, 2015	6,407,168		0.34	7.74	—