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 |
|
|