Capital Stock (Tables)

6 Months Ended

Jun. 30, 2013

Schedule of Stock Options Outstanding by Exercise Price Range

The following table summarizes the changes in options outstanding and the related exercise prices for the options of the Company's common stock issued to employees under the 2012 Employee Incentive Stock Option Plan as of June 30, 2013:

		Options Outstanding						Options Exercisable
Exercise Prices (S)		Number Outstanding		Weighted Average Remaining Contractual Life (Years)		Weighted Average Exercise Price (S)		Number Exercisable		Weighted Average Exercise Price
$	2.00		55,750		9.5	$	2.00		-	$	-
$	2.20		16,000		9.5	$	2.20		8,000	$	2.20
$	2.59		10,250		10	$	2.59		-	$	-
			82,000				-		8,000	$	2.20

Summary of Stock Option Activity Under Stock Option and Incentive Plans

Transactions involving employee stock options issued are summarized as follows:

	Number of Shares		Weighted Average Price Per Share
Outstanding at December 31, 2012		-	$	-
Granted		89,500		2.07
Exercised		-		-
Cancelled		(7,500)		(2.00)
Outstanding at June 30, 2013		82,000	$	2.07

Schedule of Assumptions Used to Estimate Fair Value of Stock Option Award Using Black-Scholes Valuation Model

The fair value of these stock options granted and the significant assumptions used to determine those fair values, using a Black-Scholes option-pricing model are as follows:

Significant assumptions:
Risk-free interest rate at grant date	0.78	%
Expected stock price volatility	268.85	%
Expected dividend payout	-
Expected option life-years	5

SANTEON GROUP, INC. 10-Q