text: **NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS**
  
  **NOTE 31 – SHARE BASED PAYMENTS**
  
  **Options**
  During the years ended 31 December 2014 and 2013, a total of nil and 2,000,000 options were granted to employees 
  pursuant to employment agreements and a total of 431,666 and 2,725,000 previously issued options were 
  exercised, respectively. There were 700,000 awarded options that the Company issued in early 2013 for which 
  Company employees rendered services during the six month period ended 31 December 2012. 