NOTE 6 - STOCK OPTIONS

3 Months Ended

Mar. 31, 2013

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

NOTE 6 - STOCK OPTIONS

NOTE 6 – STOCK OPTIONS

During the three months ended March 31, 2013, the Company issued 4,535,714 warrants as part of the senior secured convertible notes. No stock options were issued. During the three months ended March 31, 2013, 523,333 stock options were exercised for cash proceeds of $78,500.

During the three months ended March 31, 2012, no stock options or warrants were exercised.

Stock Warrants and Options
Stock warrants/options outstanding and exercisable on March 31, 2013 are as follows:
Exercise Price per Share		Shares Under Option/warrant		Remaining Life in Years
	Outstanding
$	0.50		4,535,714		4.96
$	0.35		212,500		0.75
$	0.20		300,000		0.75
$	0.15		1,014,167		1.75
$	0.115		500,000		4.58
$	0.11		150,000		2.05
$	0.11		300,000		.05
$	0.076		7,500,000		1.00
$	0.05		600,000		.60
	Exercisable
$	0.50		4,535,714		4.96
$	0.35		212,500		0.75
$	0.20		300,000		0.75
$	0.15		1,014,167		1.75
$	0.11		150,000		2.05
$	0.11		300,000		.05
$	0.076		7,500,000		1.00
$	0.05		600,000		.60