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Fonzy35

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Fonzy35

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Thursday, 05/17/2012 8:14:16 PM

Thursday, May 17, 2012 8:14:16 PM

Post# of 74729
"strike prices ranging from $0.10 to $0.25 per common share "

Stock Option Grants

In 2011, the Company granted 993,068 stock options with strike prices ranging from $0.10 to $0.25 per common share and fair values ranging from $0.03 to $0.06 to employees. The fair values of these options get expensed over their vesting periods through 2014.

Also, in 2011, the Company granted 14,050,000 stock options with strike prices ranging from $0.10 to $0.25 per common share and fair values ranging from $0.01 to $0.06 to management and advisors. The fair values of these options are expensed over their vesting periods through 2014.

Warren Buffet: "The stock market is simply the transfer of wealth from the impatient to the patient"

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