10Q
posted on
Nov 13, 2015 08:29AM
somebody exercised options for 300000 shares after 4/1/15, imo
Options
The following table summarizes stock option activity for the period:
Weighted average | Aggregate | |||||||||||||
Shares | exercise price | Intrinsic Value | ||||||||||||
# | $ | $ | ||||||||||||
Outstanding April 1, 2015 | 5,948,578 | 0.0670 | ||||||||||||
Granted | – | – | ||||||||||||
Exercised | (300,000 | ) | 0.0220 | |||||||||||
Canceled/expired | (50,000 | ) | 0.1100 | |||||||||||
Outstanding September 30, 2015 | 5,598,578 | 0.0687 | $ | 22,799 | ||||||||||
Exercisable at September 30, 2015 | 4,578,578 | 0.0595 | $ | 22,799 |
|
Investing Activities
We invested $25,157 in computer equipment and website costs. The Company’s efforts are primarily on operations and currently we have no significant investing capital needs. We have no commitments requiring investment capital.
Financing Activities
We received $6,600 of proceeds from stock option exercises during the six months ended September 30, 2015. There were no cash financing activities during the six months ended September 30, 2014.