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NOTE 7 - STOCK OPTIONS (Tables)
6 Months Ended
Jun. 30, 2012
Text Block [Abstract]  
Stock Option

 

Stock Options

Stock options outstanding and exercisable on June 30, 2012 are as follows:
Exercise Price per Share   Shares Under Option   Remaining Life in Years
         
Outstanding                        
$0.35     212,500       1.50          
$0.30     300,000       .25          
$0.20     300,000       .50          
$0.20     300,000       1.50          
$0.11     150,000       2.80          
$0.11     150,000       .25          
$0.11     300,000       .80          
$0.05     15,450,000       0.17          
$0.05     600,000       1.35          
                         
Exercisable                        
$0.35     212,500       1.50          
$0.30     300,000       .25          
$0.20     300,000       .50          
$0.20     300,000       1.50          
$0.11     150,000       2.80          
$0.11     150,000       .25          
$0.11     300,000       .80          
$0.05     15,450,000       0.17          
$0.05     600,000       1.35