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8. STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 30, 2016

Options [Member]

Summary of stock options outstanding

		June 30, 2016 (Unaudited)								December 31, 2015
		Number of Options				Weighted Average Exercise Price				Number of Options				Weighted Average Exercise Price
Outstanding, beginning of period			100,000			$	0.96				60,000			$	1.42
Granted			100,000				0.55				40,000				0.27
Exercised			-				-				-				-
Outstanding, end of period			200,000			$	0.76				100,000			$	0.96

Options outstanding and exercisable by price range

	Outstanding Options								Average Weighted				Exercisable Options
	Range				Number				Remaining Contractual Life in Years				Number				Weighted Average Exercise Price
	$	2.10				40,000				3.51				40,000			$	2.10
	$	0.05				20,000				4.52				20,000			$	0.05
	$	0.27				40,000				8.52				40,000			$	0.27
	$	0.55				100,000				9.60				100,000			$	0.55
						200,000				7.66				200,000			$	0.76

Warrant [Member]

Summary of stock warrants outstanding

		June 30, 2016 (Undaudited)								December 31, 2015
		Number of Warrants				Weighted Average Exercise Price				Number of Warrants				Weighted Average Exercise Price
Outstanding, beginning of period			35,676,413			$	0.30				28,051,408			$	0.23
Granted			900,000				0.48				7,625,005				0.58
Outstanding, end of period			36,576,413			$	0.31				35,676,413			$	0.30

Warrants outstanding and exercisable by price range

	Outstanding Warrants												Exercisable Warrants
	Range				Number				Average Weighted Remaining Contractual Life in Years				Number				Weighted Average Exercise Price
	$	0.01				1,575,000				1.03				1,575,000			$	0.01
	$	0.05				975,000				1.12				975,000			$	0.05
	$	0.15				7,750,000				1.30				7,750,000			$	0.15
	$	0.26				100,000				1.99				100,000			$	0.26
	$	0.29				10,125,613				4.31				10,125,613			$	0.29
	$	0.30				11,925,800				2.25				11,825,800			$	0.30
	$	0.33				75,000				2.25				75,000			$	0.33
	$	0.42				250,000				5.00				250,000			$	0.42
	$	0.50				625,000				4.43				425,000			$	0.50
	$	0.55				100,000				4.58				100,000			$	0.55
	$	0.62				75,000				2.05				75,000			$	0.62
	$	1.00				3,000,000				3.84				3,000,000			$	1.00
						36,576,413				2.41				36,276,413			$	0.31

Unvested warrants outstanding

	Unvested Warrants
	Weighted Average Exercise Price				Number				Average Weighted Remaining Contractual Life in Years
	$	0.30				100,000				5.00
	$	0.50				200,000				5.00
	$	0.43				300,000				5.00

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+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(i))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

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-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

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-Name Accounting Standards Codification
-Topic 505
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-Section S99
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6784392&loc=d3e188667-122775

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Reference 5: http://www.xbrl.org/2003/role/presentationRef
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-Number 210
-Section 02
-Paragraph 28
-Article 5

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