Quarterly report pursuant to Section 13 or 15(d)

Common Stock (Tables)

v3.7.0.1
Common Stock (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock Warrant Activity

The following table summarizes all stock warrant activity for the three months ended March 31, 2017:

 

   

Number of

Warrants

   

Weighted

Average

Exercise Price

   

Weighted

Average

Remaining

Contractual Term

 
Balance outstanding, December 31, 2016     1,025,000       2.32       4.42  
Granted     -       -       -  
Exercised     -       -       -  
Cancelled or expired     -       -       -  
Balance outstanding, March 31, 2017     1,025,000     $ 2.32       4.42  
Exercisable, March 31, 2017     -     $ -       -  

Schedule of Stock Option Activity

The following table summarizes all stock option activity for the three months ended March 31, 2017:

 

   

Number of

Options

   

Weighted

Average

Exercise Price

   

Weighted

Average

Remaining

Contractual Term

 
Balance outstanding, December 31, 2016     450,000       3.00       9.39  
Granted     1,600,000       1.99       6.42  
Exercised     -       -       -  
Cancelled or expired     -       -       -  
Balance outstanding, March 31, 2017     2,050,000     $ 2.21       7.01  
Exercisable, March 31, 2017     -     $ -       -