Activity with respect to outstanding stock options under the Plan during 2013 and 2012 was as follows:
In 000s shares |
| Shares available for grant | # Options outstanding | Weighted average price |
Balance December 31, 2011 |
| 8,000,000 | 7,000,000 | $ 0.13 |
Granted |
|
|
|
|
Exercised |
| - | - |
|
Cancelled |
| - | - |
|
Balance Dec 31, 2012 |
| 8,000,000 | 7,000,000 | $ 0.13 |
Granted |
|
|
|
|
Exercised |
| - | - |
|
Cancelled |
| - | - |
|
Balance Dec 31, 2013 |
| 8,000,000 | 7,000,000 | $ 0.13 |
|
|
|
|
|
Options exercisable as of December 31, 2013 |
|
| 4,130,137 | $ 0.10 |