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Schedule of Stock Options, Activity (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of Stock Options, Activity

Schedule of Stock Options, Activity

The following table represents stock option activity as of and for the period ended March 31, 2016:

	Number of		Average	Contractual Life		Intrinsic
	Options		Exercise Price	in Years		Value
Outstanding at December 31, 2015	1,200,000	$	1.07	5.19		-
Exercisable at December 31, 2015	332,000	$	1.04	3.34	$	28,000
Forfeited	42,500	$	1.56	8.42		-
Granted	-	$	-	-		-
Expired	10,000	$	1.60	8.80		-
Outstanding at March 31, 2016	1,147,500	$	1.00	4.57		-
Exercisable at March 31, 2016	431,500	$	1.05	3.24	$	13,515

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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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