Note 10 - Stock Option Plan: Schedule of Stock Options Valuation Assumptions (Tables)

12 Months Ended

Dec. 31, 2013

Tables/Schedules

Schedule of Stock Options Valuation Assumptions

The fair value of each option grant is estimated on the date of the grant using the Black-Scholes option-pricing model with the following weighted-average assumptions used for the grants made in 2013 and 2012:

	2013	2012
Expected life (in years)	3.5	4.0
Risk free interest rate	0.39%	0.36%
Expected volatility	377%	396%
Dividend yield	-	-