2. Stock Option Plan: Schedule of Stock Options Valuation Assumptions (Tables)

3 Months Ended

Apr. 03, 2015

Tables/Schedules

Schedule of Stock Options Valuation Assumptions

The Black-Scholes option-pricing model is used to estimate the fair value of options under the Company’s stock option plan. The weighted average values of employee stock options granted under the stock option plan, as well as the weighted average assumptions used in calculating these values during the first three months of 2015, were based on estimates as of the date of grant as follows:

Risk-free interest rate	0.91%
Dividend yield	0.00%
Volatility	343%
Expected life	3.5 years