Note 12 - Options Outstanding

12 Months Ended

Mar. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

NOTE 1

– OPTIONS OUTSTANDING

During 2013, ADM granted an aggregate of 5,600,000 stock options to employees and consultants expiring at various dates through fiscal 2015. During 2014, 5,000,000 of the outstanding stock options were exercised. The options have various exercise prices and were fully vested at the date of grant. The options were valued at $55,997 using the Black Scholes option pricing model with the following assumptions: risk free interest rate of 4.9%, volatility of 414%, estimated useful life of 1.5 years and dividend rate of 0%. The following table summarizes information on all common share purchase options issued by us as of March 31, 2015 and 2014

	2015				2014

	# of Shares		Weighted Average Exercise Price		# of Shares			Weighted Average Exercise Price

Outstanding, beginning of year		600,000	$	0.01		5,600,000		$	0.01

Issued		-	$	-		-		$	-

Exercised		-	$	-		(5,000,000	)	$	0.01

Expired		-	$	-		-		$	-

Outstanding, end of year		600,000	$	0.01		600,000		$	0.01

Exercisable, end of year		600,000	$	0.01		600,000		$	0.01