STOCK TRANSACTIONS (Tables)

3 Months Ended

Mar. 31, 2016

STOCK TRANSACTIONS (Tables)

Schedule of Company's stock options outstanding

The following table sets forth the Company's stock options outstanding as of March 31, 2016 and December 31, 2015 and activity for the periods then ended:

						Weighted
				Weighted		Average
				Average		Remaining		Aggregate
				Exercise		Contractual		Intrinsic
	Shares			Price		Term (Years)		Value
Outstanding, January 1, 2015		77,533,333		$	0.029		2.36	$	-
Granted		6,300,000			0.029		-		-
Exercised		-			-		-		-
Forfeited/expired		(4,750,000	)		0.029		-		-
Outstanding, December 31, 2015		79,083,333		$	0.029		1.73	$	-
Granted		-			0.029		-		-
Exercised		-			-		-		-
Forfeited/expired		-			0.029		-		-
Outstanding, March 31, 2016		79,083,333		$	0.029		1.48	$	-
Vested/exercisable at December, 31, 2015		75,933,333		$	0.029		1.60	$	-
Vested/exercisable at March, 31, 2016		75,933,333		$	0.029		1.35	$	-

Schedule of summary the information with respect to options granted, outstanding and exercisable under the 2005 plan

The following table summarizes the information with respect to options granted, outstanding and exercisable under the 2005 plan:

Exercise Price		Options Outstanding		Remaining Contractual Life in Years		Average Exercise Price		Number of Options Currently Exercisable
$	.029		54,983,333		1.08	$	.029		54,983,333
$	.029		2,500,000		2.08	$	.029		2,500,000
$	.029		700,000		3.08	$	.029		700,000
$	.029		1,000,000		1.58	$	.029		1,000,000
$	.029		150,000		1.83	$	.029		150,000
$	.029		850,000		3.17	$	.029		850,000
$	.029		300,000		4.17	$	.029		300,000
$	.029		4,500,000		0.25	$	.029		4,500,000
$	.029		150,000		5.25	$	.029		150,000
$	.029		4,500,000		1.33	$	.029		4,500,000
$	.029		3,000,000		2.75	$	.029		3,000,000
$	.029		150,000		7.75	$	.029		150,000
$	.029		3,000,000		3.75	$	.029		3,000,000
$	.029		150,000		8.75	$	.029		150,000
$	.029		3,000,000		4.33	$	.029		-
$	.029		150,000		9.33	$	.029		-