POWRTEC CORP | 2013 | FY | 3


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


us-gaap:ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock