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STOCK WARRANTS
12 Months Ended
Dec. 31, 2014
STOCK WARRANTS  
STOCK WARRANTS

NOTE 6 – STOCK WARRANTS

 

During the period ended December 31, 2013 and the year ended December 31, 2014, the Company issued warrants in connection with common stock issued for cash. The following table summarizes all stock warrant activity for the year ended December 31, 2014:

 

 

  

Shares

 

 

Weighted- AverageExercise PricePer Share

Outstanding, December 31, 2013

 

 

130,000

 

 

$

0.250

Granted

 

 

120,000

 

 

 

0.250

Exercised

 

 

-

 

 

 

-

Forfeited

 

 

-

 

 

 

-

Expired

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

Outstanding, December 31, 2014

  

 

250,000

  

  

0.25

 

The following table discloses information regarding outstanding and exercisable warrants at December 31, 2014:

 

 

 

Outstanding

 

Exercisable

Exercise Prices

 

Number of Option Shares

 

Weighted Average Exercise Price

 

Weighted Average Remaining Life (Years)

 

Number of Warrant Shares

 

Weighted Average Exercise Price

$

0.250

 

250,000

 

$

0.250

 

2.05

 

250,000

 

$

0.250

 

 

 

250,000

 

$

0.250

 

2.05

 

250,000

 

$

0.250