NOTE 6 COMMON STOCK OPTIONS (Tables)

6 Months Ended

Jun. 30, 2013

Shareholders' Equity and Share-based Payments [Text Block]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The Company estimated the fair value of the stock options described in the above paragraphs at the date of the grant, based on the following weighted average assumptions:

Risk-free interest rate				.77	%
Expected life				5 years
Expected volatility	145.6	%	to	148.9	%
Dividend yield				0.00	%

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of the status of the Company’s outstanding options as of June 30, 2013, and for the six-month period then ended, is presented below:

	Shares		Weighted Average Exercise Price
Outstanding, beginning of the period		17,300,000	$	0.17
Granted		-		-
Expired/Canceled		-		-
Exercised		-		-
Outstanding, end of the period		17,300,000		0.17
Exercisable		16,190,000	$	0.17