STOCK OPTIONS AND WARRANTS (Tables)
|
3 Months Ended |
Mar. 31, 2016 |
|---|
| 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 |
|
|
|
1,475,000 |
|
|
|
2.69 |
|
|
$ |
0.25 |
|
|
|
1,475,000 |
|
|
|
3.19 |
|
| |
1.00 |
|
|
|
1,155,000 |
|
|
|
2.26 |
|
|
|
1.00 |
|
|
|
1,155,000 |
|
|
|
3.76 |
|
| $ |
0.58 |
|
|
|
2,630,000 |
|
|
|
2.50 |
|
|
$ |
0.58 |
|
|
|
2,630,000 |
|
|
|
3.00 |
|
|
| Transactions involving stock option plan and warrants |
| |
|
Number of
Shares
|
|
|
Weighted
Average
Exercise
Price Per
Share
|
|
| |
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2015 |
|
|
2,630,000 |
|
|
$ |
0.58 |
|
| Issued |
|
|
- |
|
|
|
- |
|
| Exercised |
|
|
- |
|
|
|
- |
|
| Canceled |
|
|
- |
|
|
|
- |
|
| Outstanding at March 31, 2016 |
|
|
2,630,000 |
|
|
$ |
0.58 |
|
|
| Employee Options [Member] |
|
| Summary of stock option plan and warrants |
| Options Outstanding |
|
|
Options Exercisable |
|
Exercise
Prices
|
|
|
Number
Outstanding
|
|
|
Weighted
Average
Remaining
Contractual
Life (Years)
|
|
|
Weighted
Average
Exercise
Price
|
|
|
Number
Exercisable
|
|
|
Weighted
Average
Exercise
Price
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| $ |
0.10 |
|
|
|
10,000,000 |
|
|
|
3.63 |
|
|
$ |
0.10 |
|
|
|
10,000,000 |
|
|
$ |
0.10 |
|
|
| Transactions involving stock option plan and warrants |
| |
|
Number of
Shares
|
|
|
Weighted
Average
Exercise
Price Per
Share
|
|
| |
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2015 |
|
|
10,000,000 |
|
|
$ |
0.100 |
|
| Granted |
|
|
- |
|
|
|
|
|
| Exercised |
|
|
- |
|
|
|
|
|
| Canceled |
|
|
- |
|
|
|
|
|
| Outstanding at March 31, 2016 |
|
|
10,000,000 |
|
|
$ |
0.100 |
|
|
| Non Employee Options [Member] |
|
| Summary of stock option plan and warrants |
| Options Outstanding |
|
|
Options Exercisable |
|
Exercise
Prices
|
|
|
Number
Outstanding
|
|
|
Weighted
Average
Remaining
Contractual
Life (Years)
|
|
|
Weighted
Average
Exercise
Price
|
|
|
Number
Exercisable
|
|
|
Weighted
Average
Exercise
Price
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| $ |
0.045 |
|
|
|
3,500,000 |
|
|
|
4.31 |
|
|
$ |
0.045 |
|
|
|
3,500,000 |
|
|
$ |
0.045 |
|
| $ |
0.10 |
|
|
|
200,000 |
|
|
|
2.77 |
|
|
$ |
0.10 |
|
|
|
200,000 |
|
|
$ |
0.10 |
|
| $ |
0.15 |
|
|
|
1,000,000 |
|
|
|
4.28 |
|
|
$ |
0.15 |
|
|
|
1,000,000 |
|
|
$ |
0.15 |
|
| $ |
0.20 |
|
|
|
150,000 |
|
|
|
2.94 |
|
|
$ |
0.20 |
|
|
|
150,000 |
|
|
$ |
0.20 |
|
| |
|
|
|
|
4,850,000 |
|
|
|
4.20 |
|
|
$ |
0.07 |
|
|
|
4,850,000 |
|
|
|
|
|
|
| Transactions involving stock option plan and warrants |
| |
|
Number of
Shares
|
|
|
Weighted
Average
Exercise
Price Per
Share
|
|
| |
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2015 |
|
|
4,850,000 |
|
|
|
0.07 |
|
| Granted |
|
|
- |
|
|
|
- |
|
| Exercised |
|
|
- |
|
|
|
- |
|
| Expired |
|
|
- |
|
|
|
- |
|
| Outstanding at March 31, 2016 |
|
|
4,850,000 |
|
|
$ |
0.07 |
|
|