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STOCK OPTIONS AND WARRANTS (Tables) | 6 Months Ended
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Jun. 30, 2018
Stock Options And Warrants |
Schedule of option activity during the year |
|  |  |  |  |  |  |  | Weighted |  |  |  |
|  |  |  |  | Weighted |  |  | Average |  |  |  |
|  |  |  |  | Average |  |  | Remaining |  |  | Aggregate |
|  | Number of |  |  | Exercise |  |  | Contractual |  |  | Intrinsic |
Options |  | Shares |  |  | Price |  |  | Term |  |  | Value |
Balance Outstanding, December 31, 2017 |  |  | 49,000 |  |  | $ | 1.49 |  |  |  | 3.19 |  |  | $ | 426,800 |
Granted |  |  | 25,000 |  |  |  | 1.00 |  |  |  | 4.00 |  |  |  | - |
Forfeited |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Exercised |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Expired |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Balance Outstanding, June 30, 2018 |  |  | 74,000 |  |  | $ | 1.32 |  |  |  | 2.97 |  |  |  | 376,340 |
Exercisable, June 30, 2018 |  |  | 61,500 |  |  | $ | 1.39 |  |  |  | 2.86 |  |  | $ | 308,715 |
Summary of warrant activity during the year |
|  |  |  |  |  |  |  | Weighted |  |  |  |
|  |  |  |  | Weighted |  |  | Average |  |  |  |
|  |  |  |  | Average |  |  | Remaining |  |  | Aggregate |
|  | Number of |  |  | Exercise |  |  | Contractual |  |  | Intrinsic |
Warrants |  | Shares |  |  | Price |  |  | Term |  |  | Value |
Balance Outstanding, December 31, 2017 |  |  | 599,640 |  |  | $ | 7.65 |  |  |  | 5.29 |  |  | $ | - |
Granted |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Forfeited |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Exercised |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Expired |  |  | (10,040 | ) |  |  | - |  |  |  | - |  |  |  | - |
Balance Outstanding, June 30, 2018 |  |  | 589,600 |  |  | $ | 7.27 |  |  |  | 4.88 |  |  | $ | 75,576 |
Exercisable, June 30, 2018 |  |  | 589,600 |  |  | $ | 7.27 |  |  |  | 4.88 |  |  | $ | 75,576 |

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