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SCHEDULE OF COMMON STOCK WARRANTS (Tables)

9 Months Ended

Sep. 30, 2015

Schedule of Summary of Stock Warrant Activity

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 nine months ended September 30, 2015:


	Shares		Weighted- AverageExercise PricePer Share
Outstanding, December 31, 2014		500,000	$	0.125
Granted		-		-
Exercised		-		-
Forfeited		-		-
Expired		-		-

Outstanding, September 30, 2015		500,000	$	0.125

Schedule of Outstanding and Exercisable Warrants

The following table discloses information regarding outstanding and exercisable warrants at September 30, 2015:


		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
$	0.125		500,000	$	0.125	1.30	500,000	$	0.125
			500,000	$	0.125	1.30	500,000	$	0.125

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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