NOTE 7 - STOCK OPTIONS

9 Months Ended

Sep. 30, 2012

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

NOTE 7 - STOCK OPTIONS

NOTE 7 – STOCK OPTIONS

No stock options were issued during the nine months ended September 30, 2012.

During the nine months ended September 30, 2012, stock options representing 150,000 shares at $0.05 per share were exercised. No warrants were exercised. There are no outstanding warrants as of September 30, 2012.

Stock Options
Stock options outstanding and exercisable on September 30, 2012 are as follows:
Exercise Price per Share	Shares Under Option		Remaining Life in Years
Outstanding
$0.35		212,500		1.25
$0.20		300,000		.25
$0.20		300,000		1.25
$0.11		150,000		2.55
$0.11		300,000		.55
$0.076		7,500,000		1.42
$0.05		450,000		1.10
Exercisable
$0.35		212,500		1.25
$0.20		300,000		.25
$0.20		300,000		1.25
$0.11		150,000		2.55
$0.11		300,000		.55
$0.076		7,500,000		1.42
$0.05		450,000		1.10