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STOCK OPTIONS AND WARRANTS (Tables)
6 Months Ended
Jun. 30, 2017
Stock Options And Warrants Tables  
Schedule of option activity during the year

A summary of the Company’s option activity during the six months ended June 30, 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     $ 74,400  
Granted     370,000       0.13       4.09       195,200  
Forfeited     -       -       -       -  
Exercised     -       -       -       -  
Expired     -       -       -       -  
Balance Outstanding, June 30, 2017     490,000     $ 0.15       3.69       250,400  
                                 
Exercisable, June 30, 2017     275,000     $ 0.15       3.65     $ 139,000  

warrants were valued
     June 30, 2017  
Volatility   87.35%-90.86%  
Expected term (in years)   1  
Risk-free interest rate   1.07%  
Expected dividend yield   None  
Warrants
                Weighted        
          Weighted     Average        
          Average     Remaining     Aggregate  
    Number of     Exercise     Contractual     Intrinsic  
Warrants   Shares     Price     Term     Value  
Balance Outstanding, December 31, 2016     -     $ -       -     $ -  
Granted     92,500       3.00       1       -  
Forfeited     -       -       -       -  
Exercised     -       -       -       -  
Expired     -       -       -       -  
Balance Outstanding, June 30, 2017     92,500     $ 3.00       .80     $ -  
                                 
Exercisable, June 30, 2017     92,500     $ 3.00       .80     $ -