STOCK BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2014

Stock Based Compensation Tables

Schedule of Warrants Outstanding

The following table summarizes the warrants outstanding and the number of shares of common stock subject to exercise as of March 31, 2014 and December 31, 2013:

		Employees								Services

		Shares				Weighted Average Exercise Price				Shares				Weighted Average Exercise Price


Outstanding and Exercisable at December 31, 2013			-			$	-				850,000			$	0.96

Warrants granted			-				-				-				-
Warrants exercised			-				-				-				-
Warrants expired/cancelled			-				-				-				-

Outstanding and Exercisable at March 31, 2014 (unaudited)			-			$	-				850,000			$	0.96

Schedule of Stock Warrants Outstanding and Exercisable

The following table summarizes information about stock warrants outstanding and exercisable as of March 31, 2014:

		Outstanding									Exercisable

Range of Exercise Price		Number of Shares			Weighted Average Exercise Price			Weighted Average Remaining Life (Years)			Number of Shares			Weighted Average Exercise Price			Weighted Average Remaining Life (Years)

$0.65			600,000		$	0.65			4.07			600,000		$	0.65			4.07

$1.52 - $1.80			250,000		$	1.69			2.23			250,000		$	1.69			2.23

Schedule of Stock Options Activity

The following table summarizes the stock options outstanding and the number of shares of common stock subject to exercise as of March 31, 2014 and December 31, 2013:

		Options Outstanding								Options Exercisable
		Shares				Weighted Average Exercise Price				Shares				Weighted Average Exercise Price

Outstanding at December 31, 2013			1,840,556			$	0.66				1,840,556			$	0.66

Options granted			-				-				-				-
Options vested			-				-				-				-
Options exercised			-				-				-				-
Options expired/cancelled			-				-				-				-

Outstanding at March 31, 2014 (unaudited)			1,840,556			$	0.66				1,840,556			$	0.66

Schedule of Stock Options Outstanding and Exercisable

The following table summarizes information about stock options outstanding and exercisable as of March 31, 2014:

				Outstanding												Exercisable

Exercise Price				Stock Options Outstanding				Weighted Average Exercise Price Per Share				Weighted Average Remaining Contractual Term in Years				Stock Options Exercisable				Weighted Average Exercise Price Per Share				Weighted Average Remaining Contractual Term in Years

$	0.60				525,000			$	0.60				8.11				525,000			$	0.60				8.11

$	0.68				1,305,556			$	0.68				7.00				1,305,556			$	0.68				7.00

$	1.26				10,000			$	1.26				5.95				10,000			$	1.26				5.95