1085 3290 2955 2955 4040 6245 24000 24000 28040 30245 5520 115 275 275 5795 390 0 836 836 70462 70462 -49053 -41443 22245 29855 28040 30245 0.0001 0.0001 10000000 10000000 0.0001 0.0001 65000000 65000000 8357000 8357000 8357000 8357000 6585 1000 1025 1046 7610 2046 -7610 -2046 0 -7610 -2046 0.00 0.00 8357000 8191667 -7610 -2046 -3500 5405 -3000 5000 -2205 -3546 12000 12000 3290 2229 -2205 8454 1085 10683 0 0 4500 <!--egx--><p style='margin:0in 0in 0pt'><b>NOTE 1 &#150; CONDENSED FINANCIAL STATEMENTS</b></p> <p style='margin:0in 0in 0pt'>&nbsp;</p> <p style='margin:0in 0in 0pt'>The accompanying financial statements have been prepared by the Company without audit. &nbsp;In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows as of March 31, 2015, and for all periods presented herein, have been made.</p> <p style='margin:0in 0in 0pt'>&nbsp;</p> <p style='margin:0in 0in 0pt'>Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. &nbsp;It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company&#146;s December 31, 2014 audited financial statements. &nbsp;The results of operations for the period ended March 31, 2015 are not necessarily indicative of the operating results for the full years.</p> <!--egx--><p style='margin:0in 0in 0pt'><b>NOTE 2 &#150; GOING CONCERN</b></p> <p style='margin:0in 0in 0pt'>&nbsp;</p> <p style='margin:0in 0in 0pt'>The Company&#146;s financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations.</p> <p style='margin:0in 0in 0pt'>&nbsp;</p> <p style='margin:0in 0in 0pt'>In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management&#146;s plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However management cannot provide any assurances that the Company will be successful in accomplishing any of its plans.</p> <p style='margin:0in 0in 0pt'>&nbsp;</p>The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. <!--egx--><p style='margin:0in 0in 0pt'><b>NOTE 3 &#150; COMMON STOCK WARRANTS</b></p> <p style='margin:0in 0in 0pt'>&nbsp;</p> <p style='margin:0in 0in 0pt'>Through 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 three months ended March 31, 2015:</p> <p style='margin:0in 0in 0pt'>&nbsp;</p> <div align="center"> <table cellspacing="0" cellpadding="0" border="0"> <tr> <td width="183" style='border-top:#f0f0f0;border-right:#f0f0f0;width:137.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="6" style='border-top:#f0f0f0;border-right:#f0f0f0;width:4.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="96" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1in;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td></tr> <tr> <td valign="bottom" width="183" style='border-top:#f0f0f0;border-right:#f0f0f0;width:137.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;&nbsp;</p></td> <td valign="bottom" width="90" colspan="2" style='border-top:#f0f0f0;border-right:#f0f0f0;width:67.5pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Shares</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="108" colspan="2" style='border-top:#f0f0f0;border-right:#f0f0f0;width:81pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Weighted- Average</p> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Exercise&nbsp;Price</p> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Per Share</p></td></tr> <tr> <td valign="bottom" width="183" style='border-top:#f0f0f0;border-right:#f0f0f0;width:137.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>Outstanding, December&nbsp;31, 2014</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="6" style='border-top:#f0f0f0;border-right:#f0f0f0;width:4.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>250,000</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>$</p></td> <td valign="bottom" width="96" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1in;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>0.250</p></td></tr> <tr> <td valign="bottom" width="183" style='border-top:#f0f0f0;border-right:#f0f0f0;width:137.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>Granted</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="6" style='border-top:#f0f0f0;border-right:#f0f0f0;width:4.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>-</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="96" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1in;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>-</p></td></tr> <tr> <td valign="bottom" width="183" style='border-top:#f0f0f0;border-right:#f0f0f0;width:137.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>Exercised</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="6" style='border-top:#f0f0f0;border-right:#f0f0f0;width:4.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>-</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="96" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1in;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>-</p></td></tr> <tr> <td valign="bottom" width="183" style='border-top:#f0f0f0;border-right:#f0f0f0;width:137.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>Forfeited</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="6" style='border-top:#f0f0f0;border-right:#f0f0f0;width:4.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>-</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="96" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1in;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>-</p></td></tr> <tr> <td valign="bottom" width="183" style='border-top:#f0f0f0;border-right:#f0f0f0;width:137.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>Expired</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="6" style='border-top:#f0f0f0;border-right:#f0f0f0;width:4.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>-</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="96" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1in;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>-</p></td></tr> <tr> <td valign="bottom" width="183" style='border-top:#f0f0f0;border-right:#f0f0f0;width:137.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="6" style='border-top:#f0f0f0;border-right:#f0f0f0;width:4.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="96" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1in;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td></tr> <tr> <td valign="bottom" width="183" style='border-top:#f0f0f0;border-right:#f0f0f0;width:137.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>Outstanding, March 31, 2015</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="6" style='border-top:#f0f0f0;border-right:#f0f0f0;width:4.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:black 2.25pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>250,000</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>$</p></td> <td valign="bottom" width="96" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1in;border-bottom:black 2.25pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>0.25</p></td></tr></table></div> <p style='margin:0in 0in 0pt'>&nbsp;</p> <p style='margin:0in 0in 0pt'>The following table discloses information regarding outstanding and exercisable warrants at March 31, 2015:</p> <p style='margin:0in 0in 0pt'>&nbsp;</p> <div align="center"> <table cellspacing="0" cellpadding="0" border="0"> <tr> <td width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="67" style='border-top:#f0f0f0;border-right:#f0f0f0;width:50.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="14" style='border-top:#f0f0f0;border-right:#f0f0f0;width:10.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="70" style='border-top:#f0f0f0;border-right:#f0f0f0;width:52.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="120" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1.25in;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="85" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="14" style='border-top:#f0f0f0;border-right:#f0f0f0;width:10.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="67" style='border-top:#f0f0f0;border-right:#f0f0f0;width:50.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td></tr> <tr> <td valign="bottom" width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="67" style='border-top:#f0f0f0;border-right:#f0f0f0;width:50.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="347" colspan="7" style='border-top:#f0f0f0;border-right:#f0f0f0;width:260.25pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Outstanding</p></td> <td valign="bottom" width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="189" colspan="4" style='border-top:#f0f0f0;border-right:#f0f0f0;width:141.75pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Exercisable</p></td></tr> <tr> <td valign="bottom" width="88" colspan="2" style='border-top:#f0f0f0;border-right:#f0f0f0;width:66pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Exercise Prices</p></td> <td valign="bottom" width="14" style='border-top:#f0f0f0;border-right:#f0f0f0;width:10.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Number of Option Shares</p></td> <td valign="bottom" width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="91" colspan="2" style='border-top:#f0f0f0;border-right:#f0f0f0;width:68.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Weighted Average Exercise Price</p></td> <td valign="bottom" width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="120" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1.25in;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Weighted Average Remaining Life (Years)</p></td> <td valign="bottom" width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="85" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63.75pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Number of Warrant Shares</p></td> <td valign="bottom" width="14" style='border-top:#f0f0f0;border-right:#f0f0f0;width:10.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="89" colspan="2" style='border-top:#f0f0f0;border-right:#f0f0f0;width:66.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Weighted Average Exercise Price</p></td></tr> <tr> <td valign="bottom" width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>$</p></td> <td valign="bottom" width="67" style='border-top:#f0f0f0;border-right:#f0f0f0;width:50.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>0.250</p></td> <td valign="bottom" width="14" style='border-top:#f0f0f0;border-right:#f0f0f0;width:10.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>250,000</p></td> <td valign="bottom" width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>$</p></td> <td valign="bottom" width="70" style='border-top:#f0f0f0;border-right:#f0f0f0;width:52.5pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>0.250</p></td> <td valign="bottom" width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="120" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1.25in;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>1.80</p></td> <td valign="bottom" width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="85" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>250,000</p></td> <td valign="bottom" width="14" style='border-top:#f0f0f0;border-right:#f0f0f0;width:10.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>$</p></td> <td valign="bottom" width="67" style='border-top:#f0f0f0;border-right:#f0f0f0;width:50.25pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>0.250</p></td></tr> <tr> <td valign="bottom" width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="67" style='border-top:#f0f0f0;border-right:#f0f0f0;width:50.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="14" style='border-top:#f0f0f0;border-right:#f0f0f0;width:10.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:black 1pt solid;border-right:#f0f0f0;width:63pt;border-bottom:black 2.25pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>250,000</p></td> <td valign="bottom" width="18" style='border-top:black 1pt solid;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:black 2.25pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>$</p></td> <td valign="bottom" width="70" style='border-top:#f0f0f0;border-right:#f0f0f0;width:52.5pt;border-bottom:black 2.25pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>0.250</p></td> <td valign="bottom" width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="120" style='border-top:black 1pt solid;border-right:#f0f0f0;width:1.25in;border-bottom:black 2.25pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>1.80</p></td> <td valign="bottom" width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="85" style='border-top:black 1pt solid;border-right:#f0f0f0;width:63.75pt;border-bottom:black 2.25pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>250,000</p></td> <td valign="bottom" width="14" style='border-top:black 1pt solid;border-right:#f0f0f0;width:10.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:black 2.25pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>$</p></td> <td valign="bottom" width="67" style='border-top:#f0f0f0;border-right:#f0f0f0;width:50.25pt;border-bottom:black 2.25pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>0.250</p></td></tr></table></div> <!--egx--><p style='margin:0in 0in 0pt'>The following table summarizes all stock warrant activity for the three months ended March 31, 2015:</p> <p style='margin:0in 0in 0pt'>&nbsp;</p> <div align="center"> <table cellspacing="0" cellpadding="0" border="0"> <tr> <td width="183" style='border-top:#f0f0f0;border-right:#f0f0f0;width:137.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="6" style='border-top:#f0f0f0;border-right:#f0f0f0;width:4.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="96" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1in;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td></tr> <tr> <td valign="bottom" width="183" style='border-top:#f0f0f0;border-right:#f0f0f0;width:137.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;&nbsp;</p></td> <td valign="bottom" width="90" colspan="2" style='border-top:#f0f0f0;border-right:#f0f0f0;width:67.5pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Shares</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="108" colspan="2" style='border-top:#f0f0f0;border-right:#f0f0f0;width:81pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Weighted- Average</p> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Exercise&nbsp;Price</p> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Per Share</p></td></tr> <tr> <td valign="bottom" width="183" style='border-top:#f0f0f0;border-right:#f0f0f0;width:137.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>Outstanding, December&nbsp;31, 2014</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="6" style='border-top:#f0f0f0;border-right:#f0f0f0;width:4.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>250,000</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>$</p></td> <td valign="bottom" width="96" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1in;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>0.250</p></td></tr> <tr> <td valign="bottom" width="183" style='border-top:#f0f0f0;border-right:#f0f0f0;width:137.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>Granted</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="6" style='border-top:#f0f0f0;border-right:#f0f0f0;width:4.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>-</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="96" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1in;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>-</p></td></tr> <tr> <td valign="bottom" width="183" style='border-top:#f0f0f0;border-right:#f0f0f0;width:137.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>Exercised</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="6" style='border-top:#f0f0f0;border-right:#f0f0f0;width:4.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>-</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="96" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1in;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>-</p></td></tr> <tr> <td valign="bottom" width="183" style='border-top:#f0f0f0;border-right:#f0f0f0;width:137.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>Forfeited</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="6" style='border-top:#f0f0f0;border-right:#f0f0f0;width:4.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>-</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="96" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1in;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>-</p></td></tr> <tr> <td valign="bottom" width="183" style='border-top:#f0f0f0;border-right:#f0f0f0;width:137.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>Expired</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="6" style='border-top:#f0f0f0;border-right:#f0f0f0;width:4.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>-</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="96" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1in;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>-</p></td></tr> <tr> <td valign="bottom" width="183" style='border-top:#f0f0f0;border-right:#f0f0f0;width:137.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="6" style='border-top:#f0f0f0;border-right:#f0f0f0;width:4.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="96" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1in;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td></tr> <tr> <td valign="bottom" width="183" style='border-top:#f0f0f0;border-right:#f0f0f0;width:137.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>Outstanding, March 31, 2015</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="6" style='border-top:#f0f0f0;border-right:#f0f0f0;width:4.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:black 2.25pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>250,000</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="12" style='border-top:#f0f0f0;border-right:#f0f0f0;width:9pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>$</p></td> <td valign="bottom" width="96" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1in;border-bottom:black 2.25pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>0.25</p></td></tr></table></div> 10-Q 2015-03-31 false ALPHA ENERGY INC 0000855787 alpha --12-31 8357000 Smaller Reporting Company Yes No No 2015 Q1 <!--egx--><p style='margin:0in 0in 0pt'>The following table discloses information regarding outstanding and exercisable warrants at March 31, 2015:</p> <p style='margin:0in 0in 0pt'>&nbsp;</p> <div align="center"> <table cellspacing="0" cellpadding="0" border="0"> <tr> <td width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="67" style='border-top:#f0f0f0;border-right:#f0f0f0;width:50.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="14" style='border-top:#f0f0f0;border-right:#f0f0f0;width:10.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="70" style='border-top:#f0f0f0;border-right:#f0f0f0;width:52.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="120" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1.25in;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="85" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="14" style='border-top:#f0f0f0;border-right:#f0f0f0;width:10.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td> <td width="67" style='border-top:#f0f0f0;border-right:#f0f0f0;width:50.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'></td></tr> <tr> <td valign="bottom" width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="67" style='border-top:#f0f0f0;border-right:#f0f0f0;width:50.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="347" colspan="7" style='border-top:#f0f0f0;border-right:#f0f0f0;width:260.25pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Outstanding</p></td> <td valign="bottom" width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="189" colspan="4" style='border-top:#f0f0f0;border-right:#f0f0f0;width:141.75pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Exercisable</p></td></tr> <tr> <td valign="bottom" width="88" colspan="2" style='border-top:#f0f0f0;border-right:#f0f0f0;width:66pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Exercise Prices</p></td> <td valign="bottom" width="14" style='border-top:#f0f0f0;border-right:#f0f0f0;width:10.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Number of Option Shares</p></td> <td valign="bottom" width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="91" colspan="2" style='border-top:#f0f0f0;border-right:#f0f0f0;width:68.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Weighted Average Exercise Price</p></td> <td valign="bottom" width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="120" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1.25in;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Weighted Average Remaining Life (Years)</p></td> <td valign="bottom" width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="85" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63.75pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Number of Warrant Shares</p></td> <td valign="bottom" width="14" style='border-top:#f0f0f0;border-right:#f0f0f0;width:10.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="89" colspan="2" style='border-top:#f0f0f0;border-right:#f0f0f0;width:66.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;margin:0in 0in 0pt'>Weighted Average Exercise Price</p></td></tr> <tr> <td valign="bottom" width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>$</p></td> <td valign="bottom" width="67" style='border-top:#f0f0f0;border-right:#f0f0f0;width:50.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>0.250</p></td> <td valign="bottom" width="14" style='border-top:#f0f0f0;border-right:#f0f0f0;width:10.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>250,000</p></td> <td valign="bottom" width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>$</p></td> <td valign="bottom" width="70" style='border-top:#f0f0f0;border-right:#f0f0f0;width:52.5pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>0.250</p></td> <td valign="bottom" width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="120" style='border-top:#f0f0f0;border-right:#f0f0f0;width:1.25in;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>1.80</p></td> <td valign="bottom" width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="85" style='border-top:#f0f0f0;border-right:#f0f0f0;width:63.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>250,000</p></td> <td valign="bottom" width="14" style='border-top:#f0f0f0;border-right:#f0f0f0;width:10.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>$</p></td> <td valign="bottom" width="67" style='border-top:#f0f0f0;border-right:#f0f0f0;width:50.25pt;border-bottom:black 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>0.250</p></td></tr> <tr> <td valign="bottom" width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="67" style='border-top:#f0f0f0;border-right:#f0f0f0;width:50.25pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="14" style='border-top:#f0f0f0;border-right:#f0f0f0;width:10.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="84" style='border-top:black 1pt solid;border-right:#f0f0f0;width:63pt;border-bottom:black 2.25pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>250,000</p></td> <td valign="bottom" width="18" style='border-top:black 1pt solid;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:black 2.25pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>$</p></td> <td valign="bottom" width="70" style='border-top:#f0f0f0;border-right:#f0f0f0;width:52.5pt;border-bottom:black 2.25pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>0.250</p></td> <td valign="bottom" width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="120" style='border-top:black 1pt solid;border-right:#f0f0f0;width:1.25in;border-bottom:black 2.25pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>1.80</p></td> <td valign="bottom" width="18" style='border-top:#f0f0f0;border-right:#f0f0f0;width:13.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="85" style='border-top:black 1pt solid;border-right:#f0f0f0;width:63.75pt;border-bottom:black 2.25pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>250,000</p></td> <td valign="bottom" width="14" style='border-top:black 1pt solid;border-right:#f0f0f0;width:10.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>&nbsp;</p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;border-right:#f0f0f0;width:15.75pt;border-bottom:black 2.25pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='margin:0in 0in 0pt'>$</p></td> <td valign="bottom" width="67" style='border-top:#f0f0f0;border-right:#f0f0f0;width:50.25pt;border-bottom:black 2.25pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;margin:0in 0in 0pt'>0.250</p></td></tr></table></div> <p style='margin:0in 0in 0pt'>&nbsp;</p> 250000 250000 0.250 0.25 250000 0.250 1.80 250000 0.250 1.80 250000 0.250 250000 0.250 0000855787 2015-01-01 2015-03-31 0000855787 2015-03-31 0000855787 2014-12-31 0000855787 2014-01-01 2014-03-31 0000855787 2013-12-31 0000855787 2014-03-31 shares iso4217:USD iso4217:USD shares pure