Annual report pursuant to Section 13 and 15(d)

Stock Based Compensation (Tables)

v3.7.0.1
Stock Based Compensation (Tables)
12 Months Ended
Dec. 31, 2016
Stock Based Compensation [Abstract]  
Schedule of status of 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     1,760,000     $ 0.17               246,400  
Granted     -       -               -  
Exercised     -       -               -  
Superseded by May 28 Stock Warrants     1,760,000       -               -  
Outstanding at December 31, 2015     -     $ -       N/A     $ -  
                                 
Granted     -       -               -  
Exercised     -       -               -  
Forfeited or expired     -       -               -  
Outstanding at December 31, 2016     -     $ -       N/A     $ -  
Vested at December 31, 2016     -     $ -       N/A     $ -  
Schedule of stock warrant issued

Date Issued   Exercise Price     Number of Shares     Weighted Average Remaining Contractual Life   Expiration date
                     
May 28, 2015 (Issued in lieu of restricted common stock)   $ 0.011       2,720,000     3.41 years   May 27, 2020
May 28, 2015 (Issued in lieu of restricted common stock)   $ 0.011       25,000     3.41 years   May 27, 2020
June 16, 2015 (Issued in lieu of restricted common stock)   $ 0.011       2,000,000     3.46 years   June 15, 2020
July 8, 2015 (Issued in lieu of restricted common stock)   $ 0.011       25,000     3.52 years   July 7, 2020
July 8, 2015 (Issued in lieu of restricted common stock)   $ 0.011       25,000     3.52 years   July 7, 2020
August 24, 2015 (Issued in lieu of restricted common stock)   $ 0.011       10,000     3.65 years   August 23, 2020
February 1, 2016   $ 0.003       3,000,000     4.09 years   January 31, 2021
February 1, 2016   $ 0.003       1,750,000     4.09 years   January 31, 2021
February 29, 2016   $ 0.004       50,000     4.16 years   February 28,2021FF
July 15, 2016   $ 0.03       1,500,000     4.54 years   July 14, 2021
                         
Total warrants at December 31, 2016             11,105,000