STOCK OPTIONS (Tables)

3 Months Ended

Jun. 30, 2021

Share-based Payment Arrangement [Abstract]

SUMMARY OF STOCK OPTION ACTIVITY

A summary of stock option activity for the three months ended June 30, 2021 is summarized below:

	June 30, 2021
	Number of Options			Weighted Average Exercise Price
Stock Options:
Balance at beginning of period		1,680,000		$	0.32
Granted		-			-
Exercised		(20,000	)	$	0.24
Balance at end of period		1,660,000		$	0.32
Options exercisable at end of period		1,560,000		$	0.33

SCHEDULE OF EMPLOYEE STOCK OPTIONS OUTSTANDING

The following table summarizes information about employee stock options outstanding at June 30, 2021:

Range of Exercise Price	Number Outstanding at June 30, 2021		Weighted Average Remaining Contractural Life		Weighted Average Exercise Price		Number Exercisable at June 30, 2021		Weighted Average Exercise Price
$.12 - $.38		1,110,000		2.6	$	0.24		1,010,000	$	0.23
$.47 - $.55		550,000		6.2	$	0.50		550,000	$	0.50
*		1,660,000						1,560,000

* Total number of options outstanding as of June 30, 2021 includes 580,000 options issued to five current directors and one former director as compensation and 1,040,000 options issued to key employees that were not issued from the Plan.