Quarterly report pursuant to Section 13 or 15(d)

Restricted Common Shares (Tables)

v3.4.0.3
Restricted Common Shares (Tables)
 3 Months Ended
Mar. 31, 2016
Restricted Common Shares [Abstract]  
Schedule of 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, 2014     -       -                   
Granted     1,760,000     $ 0.17         $ 246,400  
Exercised     -       -                  
Forfeited or expired     -       -                  
Outstanding at December 31, 2015     1,760,000     $ 0.17       -     $ 246,400  
                                 
Granted     -       -                  
Exercised     -       -                  
Forfeited or expired     -       -                  
Outstanding at March 31, 2016     1,760,000     $ 0.17       -     $ 79,200  
Vested at March 31, 2016     1,760,000     $ 0.17       -     $ 79,200  

Schedule of stock warrants issued

 

Date Issued   Exercise
Price		     Number of
Shares		     Expiration
Date
                 
February 9, 2016   $ 0.004       50,000     February 28, 2021
February 1, 2016   $ 0.003       1,750,000     January 31, 2021
                     
Total warrants at March 31, 2016             4,745,000     4.92 years