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Note 5 - Stock Warrants
 12 Months Ended
Dec. 31, 2017
Notes  
Note 5 - Stock Warrants

NOTE 5 – STOCK WARRANTS

 

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 year ended December 31, 2017 and 2016:

 

 

 

Shares

 

 

Weighted- Average

Exercise Price

Per Share

Outstanding, December 31, 2016

 

 

500,000

 

 

$

0.125

Granted

 

 

-

 

 

 

-

Exercised

 

 

-

 

 

 

-

Forfeited

 

 

-

 

 

 

-

Expired

 

 

(260,000)

 

 

 

0.125

Outstanding, December 31, 2016

 

 

240,000

 

 

 

0.125

Granted

 

 

-

 

 

 

-

Exercised

 

 

-

 

 

 

-

Forfeited

 

 

-

 

 

 

-

Expired

 

 

(240,000)

 

 

 

0.125

Outstanding, December 31, 2017

 

 

-

 

 

$

 

 

The weighted average remaining contractual life of options outstanding as of December 31, 2017 and December 31, 2016, was approximately 0.00 and 0.20 years, respectively. The exercise price of these options was $0.125 and the intrinsic value of the options as of December 31, 2017 and December 31, 2016 is $0.00, respectively.