Annual report pursuant to Section 13 and 15(d)

NOTE 7: EQUITY TRANSACTIONS (Tables)

v2.4.0.6
NOTE 7: EQUITY TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2012
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
There was no stock option activity during 2011. The following table presents the stock option activity during 2012:

         
Weighted
 
         
Average
 
   
Options
   
Exercise Price
 
Outstanding - December 31, 2011
    -     $ -  
Granted
    46,000,000       0.22  
Forfeited/canceled
    -       -  
Exercised
    -       -  
Outstanding - December 31, 2012
    46,000,000     $ 0.22  
Exercisable – December 31, 2012
    10,000,000     $ 0.03