Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

v2.4.0.8
Subsequent Events
3 Months Ended
Dec. 31, 2013
Subsequent Events [Abstract]  
Subsequent Events
11. Subsequent Events

In January, 2014 the Company’s board of directors approved granting approximately 1,400,000 options to a director, management and various employees.   The exercise prices ranged from $0.20 to $0.25 with a life of ten years and an average vesting period of three years.

In January of 2014, the Company entered into a consulting agreement with American Ventures.  The terms of the agreement included a payment of 100,000 common shares of the Company’s stock, which are earned over the initial six month contractual period.  As of the issuance of this report, these 100,000 shares have not been issued to American Ventures.