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10. STOCK OPTIONS
9 Months Ended
Sep. 30, 2019
Share-based Payment Arrangement [Abstract]  
STOCK OPTIONS

NOTE 10 – STOCK OPTIONS

 

The Company’s shareholders approved, by a majority vote, the adoption of the 1998 Stock Incentive Plan (the “Plan”). As amended on August 11, 2003, the Plan reserves 20,000,000 shares of common stock for issuance upon the exercise of options which may be granted from time-to-time to officers, directors, certain employees and consultants of the Company or its subsidiaries by the Board of Directors. The Plan permits the award of both qualified and non-qualified incentive stock options.

 

During the three months ended September 30, 2019, the Company did not issue any stock options and had no stock options outstanding at September 30, 2019.