STOCK OPTIONS AND WARRANTS (Tables)
|
12 Months Ended |
Dec. 31, 2017 |
|---|
| Warrant [Member] |
|
| Summary of stock option plan and warrants |
| Warrants
Outstanding |
|
|
Warrants
Exercisable |
|
| Exercise
Prices |
|
|
Number
Outstanding |
|
|
Weighted
Average
Remaining
Contractual
Life
(Years)
|
|
|
Weighted
Average
Exercise
Price
|
|
|
Number
Exercisable
|
|
|
Weighted
Average
Remaining
Contractual
Life
(Years)
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| $ |
0.25 |
|
|
|
1,275,000 |
|
|
|
1.52 |
|
|
$ |
0.25 |
|
|
|
1,275,000 |
|
|
|
1.52 |
|
| |
1.00 |
|
|
|
1,155,000 |
|
|
|
0.25 |
|
|
|
1.00 |
|
|
|
1,155,000 |
|
|
|
0.25 |
|
| $ |
0.61 |
|
|
|
2,430,000 |
|
|
|
0.91 |
|
|
$ |
0.61 |
|
|
|
2,430,000 |
|
|
|
0.91 |
|
|
| Transactions involving stock option plan and warrants |
| |
|
Number
of Shares |
|
|
Weighted
Average
Exercise
Price
Per
Share
|
|
| Outstanding
at January 1, 2016 |
|
|
2,630,000 |
|
|
$ |
0.58 |
|
| Issued |
|
|
- |
|
|
|
|
|
| Exercised |
|
|
- |
|
|
|
|
|
| Canceled |
|
|
- |
|
|
|
|
|
| Outstanding
at December 31, 2016 |
|
|
2,630,000 |
|
|
$ |
0.58 |
|
| Issued
|
|
|
- |
|
|
|
- |
|
| Exercised
|
|
|
- |
|
|
|
- |
|
| Expired
|
|
|
(200,000 |
) |
|
|
0.25 |
|
| Outstanding
at December 31, 2017 |
|
|
2,430,000 |
|
|
$ |
0.91 |
|
|
| Stock Options [Member] |
|
| Fair value of stock-based payment awards |
| |
|
2017 |
|
|
2016 |
|
| Risk-free
interest rate |
|
|
1.86 |
% |
|
|
1.13 |
% |
| Dividend
yield |
|
|
0 |
% |
|
|
0 |
% |
| Stock
price volatility |
|
|
171.77 |
% |
|
|
163.82 |
% |
| Expected
life |
|
5.00 years |
|
|
5.75 years |
|
| Weighted
average grant date fair value |
|
$ |
0.1519 |
|
|
$ |
.019 |
|
|
| Summary of stock option plan and warrants |
| |
|
Shares |
|
|
Weighted-Average
Exercise
Price
|
|
|
Weighted-Average
Remaining
Contractual
Term
|
|
|
Aggregate
Intrinsic
Value
|
|
| Outstanding
at January 1, 2016 |
|
|
14,850,000 |
|
|
$ |
0.09 |
|
|
|
4.4 |
|
|
$ |
- |
|
| Grants |
|
|
33,000,000 |
|
|
|
0.02 |
|
|
|
10.0 |
|
|
|
- |
|
| Exercised |
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Canceled |
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding
at December 31, 2016 |
|
|
47,850,000 |
|
|
$ |
0.04 |
|
|
|
8.9 |
|
|
$ |
326,700 |
|
| Grants |
|
|
35,000 |
|
|
|
0.016 |
|
|
|
5.0 |
|
|
|
- |
|
| Exercised |
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Expired |
|
|
- |
|
|
|
|
|
|
|
- |
|
|
|
- |
|
| Outstanding
at December 31, 2017 |
|
|
47,885,000 |
|
|
$ |
0.04 |
|
|
|
7.5 |
|
|
$ |
5,927,877 |
|
| Exercisable
at December 31, 2017 |
|
|
39,635,000 |
|
|
$ |
0.05 |
|
|
|
7.3 |
|
|
$ |
4,725,027 |
|
|
| Transactions involving stock option plan and warrants |
| Options
Outstanding |
|
|
Options
Exercisable |
|
| |
|
|
|
|
Weighted |
|
|
|
|
| |
|
|
|
|
Average |
|
|
Exercisable |
|
| Exercise |
|
Number
of |
|
|
Remaining
Life |
|
|
Number
of |
|
| Price |
|
Options |
|
|
In
Years |
|
|
Options |
|
| |
|
|
|
|
|
|
|
|
|
| $ |
0.01-0.025 |
|
|
33,035,000 |
|
|
|
9.46 |
|
|
|
24,785,000 |
|
| |
0.0251-0.05 |
|
|
3,500,000 |
|
|
|
8.56 |
|
|
|
3,500,000 |
|
| |
0.051
and up |
|
|
11,350,000 |
|
|
|
7.34 |
|
|
|
11,350,000 |
|
| |
|
|
|
47,885,000 |
|
|
|
8.89 |
|
|
|
39,635,000 |
|
|