Note 9 - Stock Option and Stock Plans

12 Months Ended

Dec. 31, 2015

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

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

9. 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

Stock Option Plans *	Issue Date Range			Total Options Authorized**		Options Issued		Options Remaining
2009A Officers, Directors, Employees and Consultants Nonqualified Stock Option Plan *** Expired 12/31/14	04/30/09	–	10/27/11		20,000,000		5,381,792		14,618,208

*      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Employee’s Stock Option and Stock Bonus Plan; provided however, that options already issued and outstanding under said superseded plans shall continue to be outstanding and exercisable in accordance with their terms, as such may have been extended or re-priced from time to time, and the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. This Plan expired December 31, 2014.

⁷  3,262 shares of preferred stock were converted to 3,262,000 shares of common stock at $0.10 per share where 1 share of preferred stock was exchanged for 1,000 of common stock. When the 1-for-19 reverse split was implemented, the 3,262,000 common shares were reduced by a factor of 19.

⁸  The Plan of Reorganization called for exchanging debt owed to The Yang Group for ABI common stock on November 20, 2014. 16,115,848 shares of ABI common stock were exchanged for the debt. The stock price was $0.12 per share.