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Note 8 - Stock Option and Stock Plans
12 Months Ended
Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

8. Stock Option and Stock Plans


Stock Plans *

Issue Date Range

 

Total Shares Authorized

   

Shares Issued

   

Shares Remaining

 

2008 Stock Incentive Plan

5/23/08

10/11/11     600,000       463,420       136,580  

2008 Executive Officers Compensatory Stock Plan

7/10/08

9/17/08     200,000       51,563       148,437  

2008 Amended and Restated Directors, Officers and Consultants Stock Purchase Plan****

10/22/08

7/31/13     8,000,000       7,502,902       497,098  

2009 Consultants Stock Grant Plan

7/13/09

10/31/09     100,000       50,000       50,000  

Non Stock Plan Issuances

6/2/08

3/12/10     929,562       205,863       723,699  

Stock Option Plans *

Issue Date Range

 

Total Options Authorized**

   

Options Issued

   

Options Remaining

 

2009A Officers, Directors, Employees and Consultants Nonqualified Stock Option Plan ***

04/30/09

3/8/11     20,000,000       3,050,000       16,950,000  

Non Stock Option Plan Issuances

06/30/08

12/16/08     1,056,912       1,056,912       0  

* The Board of Directors has approved all stock, stock option and stock warrant issuances.


** One option reserves one share of common stock.


*** This plan replaces and supersedes in their entirety the Company’s Outside Director and Advisor Stock Option Plan, as amended and restated as of May 11, 1999; the Company’s 1996 Employee’s Stock Option Plan, as amended and restated as of May 11, 1999; and the Company’s First Amended 2006 Employee’s Stock Option and Stock Bonus Plan; provided however, that options already issued and outstanding under said superseded plans shall continue to be outstanding and exercisable in accordance with their terms, as such may have been extended or re-priced from time to time, and the terms of any applicable option agreements entered into between the Company and the Optionee.


**** On July 12, 2013, ABI and PAN Consulting, Ltd. entered into and executed a Settlement Agreement and Release whereby ABI paid $5,500 in full and final settlement of any and all claims held or asserted by PAN Consulting, Ltd. and PAN Consulting, Ltd. agreed to endorse and deliver to ABI any and all stock certificates evidencing an aggregate of 263,889 shares of ABI common stock. The terms of the agreement also included termination of the contract executed in 2006 by the parties. The shares were returned to the Plan.