NOTE 7 - SHARE-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 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 nine months ended September 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	170,000		0.02	10.00	—
Exercised	—		—	—	—
Cancelled	(125,000	)	0.19	—	—
Outstanding at September 30, 2015	6,855,766		0.21	7.42	—
Exercisable at September 30, 2015	6,602,971		0.35	7.45	—