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STOCK OPTIONS (Tables)

3 Months Ended

Mar. 31, 2017

Stock Options Tables

Schedule of option activity during the year

A summary of the Company’s option activity during the three months ended March 31, 2017 is presented below:

										Weighted
						Weighted				Average
						Average				Remaining				Aggregate
		Number of				Exercise				Contractual				Intrinsic
Options		Shares				Price				Term				Value
Balance Outstanding, December 31, 2016			120,000			$	0.20				3.75			$	-
Granted			370,000				0.13				4.09				-
Forfeited			-				-				-				-
Exercised			-				-				-				-
Expired			-				-				-				-
Balance Outstanding, March 31, 2017			490,000			$	0.15				3.94				-
Exercisable, March 31, 2017			152,500			$	0.16				3.86			$	-

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- References

No definition available.

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- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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