Stockholders' Equity

9 Months Ended

Sep. 30, 2018

NOTE 5 – STOCKHOLDERS’ EQUITY

Issuance of Common Stock and Options

There was no stock-based compensation expense for the nine months ended September 30, 2018 or 2017.

As of September 30, 2018, there was no unamortized option expense associated with compensatory options.

A summary of the status of the Company’s stock options and changes is set forth below:

	Number of Options (#)		Weighted Average Exercise Price ($)		Weighted Average Remaining Contractual Life (Years)
Balance - December 31, 2017		50,000,000		0.03		2.75
Granted		-		-		-
Exercised		-		-		-
Expired		-		-		-
Cancelled		-		-		-
Balance – September 30, 2018		50,000,000		0.03		2.00

Warrants

As of September 30, 2018, there was no unamortized warrant expense.

A summary of the status of the Company’s stock warrants and changes is set forth below:

	Number of Warrants (#)		Weighted Average Exercise Price ($)		Weighted Average Remaining Contractual Life (Years)
Balance - December 31, 2017		65,000,000		0.004		0.17
Granted		-		-		-
Cancelled		-		-		-
Expired		65,000,000		0.004		-
Exercised		-		-		-
Balance – September 30, 2018		-		-		-