Note 5 - Common Stock and Warrants

3 Months Ended

Mar. 31, 2016

Stock Option And Warrants [Abstract]

Stock Option And Warrants [Text Block]

5. Common Stock Options and Warrants. As of March 31, 2016 there were no shares reserved as unexercised warrants and 8,568 shares reserved as unexercised options. No options or warrants expired in the first three months of 2016.

A summary of the Company’s stock option activity and related information for the period ended March 31, 2016 is as follows:

	Options		Price Range
Outstanding December 31, 2015		8,568	$	0.95
Granted		-		-
Cancelled/Expired		-		-
Exercised		-		-
Outstanding March 31, 2016		8,568		0.95
Exercisable March 31, 2016		8,568	$	0.95

A summary of the Company’s stock warrant activity and related information for the period ended March 31, 2016:

	Warrants		Price Range
Outstanding December 31, 2015		-	$	-
Granted		-		-
Cancelled/Expired		-		-
Exercised		-		-
Outstanding March 31, 2016		-		-
Exercisable March 31, 2016		-	$	-