XML 36 R25.htm IDEA: XBRL DOCUMENT v3.20.2
Stock Options (Tables)
 6 Months Ended
Sep. 30, 2020
Stock Options  
Summary of Stock Option Activity

A summary of stock option activity for the six months ended September 30, 2020 is summarized below:

 

    September 30, 2020  
    Number of Options     Weighted Average
Exercise Price		  
Stock Options:                
Balance at beginning of period     2,230,000     $ 0.26  
Granted     -       -  
Exercised     -       -  
Balance at end of period     2,230,000     $ 0.26  
                 
Options exercisable at end of period     2,230,000     $ 0.26  
Schedule of Employee Stock Options Outstanding

The following table summarizes information about employee stock options outstanding at September 30, 2020:

 

Range of Exercise Price     Number Outstanding at September 30, 2020     Weighted Average Remaining Contractural Life     Weighted Average Exercise Price     Number Exercisable at September 30, 2020     Weighted Average Exercise Price  
  $.04 - $.38       1,650,000       3.8     $ 0.17       1,650,000     $ 0.17  
  $.47 - $.55       580,000       6.9     $ 0.50       580,000     $ 0.50  
  *       2,230,000                       2,230,000          

  

* Total number of options outstanding as of September 30, 2020 includes 1,080,000 options issued to five current and two former directors as compensation and 1,150,000 options issued to key employees that were not issued from the Plan.