General form of registration statement for all companies including face-amount certificate companies

STOCK OPTIONS AND WARRANTS (Tables)

STOCK OPTIONS AND WARRANTS (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2018

Sep. 30, 2018

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)
$	25.00				12,750				0.77			$	25.00				12,750				0.77
	100.00				57,500				2.61				100.00				57,500				2.61
$					70,250				2.27			$	86.00				70,250				2.27

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)

$	25.00				12,750				1.52			$	25.00				12,750				1.52
	100.00				11,550				0.25				100.00				11,550				0.25
$	61.00				24,300				0.91			$	61.00				24,300				0.91

Transactions involving stock option plan and warrants

		Number of Shares				Weighted Average Exercise Price Per Share
Outstanding at January 1, 2018			24,300			$	91.00
Issued			57,500				100.00
Exercised			-
Expired			(11,550	)			100.00
Outstanding at September 30, 2018			70,250			$	86.00

		Number of Shares				Weighted Average Exercise Price Per Share
Outstanding at January 1, 2016			26,300			$	58.00
Issued			-
Exercised			-
Canceled			-
Outstanding at December 31, 2016			26,300			$	58.00
Issued			-				-
Exercised			-				-
Expired			(2,000	)			25.00
Outstanding at December 31, 2017			24,300			$	61.00

Stock Options [Member]

Fair value of stock-based payment awards

Risk-free interest rate			2.85	%
Dividend yield			0	%
Stock price volatility			135.18	%
Expected life		5.50 years

		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		$	15.19			$	1.9

Summary of stock option plan and warrants

		Shares				Weighted-Average Exercise Price				Weighted-Average Remaining Contractual Term				Aggregate Intrinsic Value
Outstanding at December 31, 2017			478,850			$	4.00				7.5			$	5,927,877
Grants			315,000				14.00				10.0				-
Exercised			-
Expired			-								-				-
Outstanding at September 30, 2018			793,850			$	8.10				7.9			$	2,832,140
Exercisable at September 30, 2018			557,600			$	6.00				7.2			$	2,832,140

		Shares				Weighted-Average Exercise Price				Weighted-Average Remaining Contractual Term				Aggregate Intrinsic Value
Outstanding at January 1, 2016			148,500			$	9.00				4.4			$ -
Grants			330,000				2.00				10.0				-
Exercised			-
Canceled			-
Outstanding at December 31, 2016			478,500			$	4.00				8.9			$	326,700
Grants			350				1.60				5.0				-
Exercised			-
Expired			-								-				-
Outstanding at December 31, 2017			478,850			$	4.00				7.5			$	5,927,877
Exercisable at December 31, 2017			396,350			$	5.00				7.3			$	4,725,027

Transactions involving stock option plan and warrants

Options Outstanding											Options
							Weighted Average				Exercisable Exercisable
Exercise			Number of				Remaining Life				Number of
Price			Options				In Years				Options

$	1.00-2.50			330,350				8.0				330,350
	2.51-5.00			35,000				2.1				35,000
	5.10-14.00			428,500				8.9				192,250
				793,850				8.2				557,600

Options Outstanding											Options Exercisable
							Weighted
							Average				Exercisable
Exercise			Number of				Remaining Life				Number of
Price			Options				In Years				Options

$	1.00-2.50			330,350				9.46				247,850
	2.51-5.00			35,000				8.56				35,000
	5.01 and up			113,500				7.34				113,500
				478,850				8.89				396,350