Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v3.3.0.814
Stock Based Compensation (Tables)
9 Months Ended
Sep. 30, 2015
Stock Based Compensation [Abstract]  
Shedule of summary of the status of the Company's restricted common shares

  Shares     Weighted 
Average 
Exercise
Price
    Weighted 
Average 
Remaining 
Contractual 
Life 
(in Years)  
   Aggregate 
Intrinsic 
Value  
 
Outstanding at December 31, 2013     -       -      -     -  
Granted     1,760,000     $ 0.17              
Exercised     -       -      -     -  
Forfeited or expired     -       -              
Outstanding at December 31, 2014     1,760,000     $ 0.17      N/A   $ 246,400  
Granted     -       -      -     -   
Exercised     -       -      -     -   
Superseded by May 28 Stock Warrants     1,760,000       -      -     -   
Outstanding at September 30, 2015     -     $ -      N/A   $ -  
                             
Vested at September 30, 2015     -     $ -      N/A   $ -  
Schedule of stock warrants issued in lieu of restricted common stock granted

 
Date Issued   Exercise
Price
    Number of Shares     Weighted Average Remaining
Contractual Life
    Expiration date
                       
May 28, 2015 (Issued in lieu of restricted common stock)   $ 0.11       2,720,000       4.66 years     May 27, 2020
May 28, 2015   $ 0.11       25,000       4.66 years     May 27, 2020
June 16, 2015   $ 0.11       2,000,000       4.72 years     June 15, 2020
July 8, 2015   $ 0.11       25,000       4.77 years -     July 7, 2020
July 8, 2015   $ 0.11       25,000       4.77 years     July 7, 2020
August 24, 2015   $ 0.11       10,000       4.90 years     August 23, 2020
Total warrants at September 30, 2015             4,805,000