Kenergy Scientific, Inc. - FORM 10-K - XML - IDEA: XBRL DOCUMENT - April 13, 2012

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EX-32.1 - EXHIBIT 32.1 - Kenergy Scientific, Inc.	exh32_1.htm
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10-K - KENERGY SCIENTIFIC, INC. 10-K - Kenergy Scientific, Inc.	kenergy10k.htm

STOCK OPTIONS

12 Months Ended

Dec. 31, 2011

Notes to Financial Statements

Note 12 - STOCK OPTIONS

Stock Option Plans

During 2005, the Company adopted the 2005 Stock Incentive Plan and the 2005 Directors’ and Officers’ Stock Incentive Plan (“Plan”) in order to attract and retain qualified personnel. Under the Plan, the Board of Directors, in its discretion may grant stock options (either incentive or non-qualified stock options) to officers, directors and employees.

The Company did not issue any stock options for the years ended December 31, 2011 and 2010.

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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