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10. STOCK OPTIONS/WARRANTS

12 Months Ended

Dec. 31, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

NOTE 10 – STOCK OPTIONS/WARRANTS

During the year ended December 31, 2013, the Company issued warrants to for the purchase of 41,667, 166,667, 8,333 and 8,333 of common stock at an exercise price of $0.60 per share. The warrants may be exercised any time after issuance through and including the fifth (5th) anniversary of its original issuance. During the two years ended December 31, 2013 and 2012 respectively, no stock options or warrants were exercised.

	Exercise Price per Share		Shares Under Option/warrant		Remaining Life in Years
Outstanding

	$	0.60		41,667	5.00
	$	0.60		166,667	5.00
	$	0.60		8,333	5.00
	$	0.60		8,333	5.00


Exercisable
	$	0.60		41,667	5.00
	$	0.60		166,667	5.00
	$	0.60		8,333	5.00
	$	0.60		8,333	5.00

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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