Common Stock Options (Tables)

12 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Stock Option Activity

					Weighted Average Remaining Contractual Life (Years)
			Weighted Average Exercise Price				Aggregate Intrinsic Value
	Options Outstanding
Balance January 1, 2014		80,000	$	0.70		8.75	$	24,800
Options granted		105,000	$	0.93		9.41	$	1,500
Balance December 31, 2014		185,000	$	0.83		9.12	$	9,300
Exercisable at December 31, 2014		85,000	$	0.72		8.97	$	7,850

Assumptions required for the Black-Scholes model

Assumptions required for the Black-Scholes model are as follows:

	2014
Risk-free interest rate		1.72	%
Expected life in years		4.75
Expected Volatility		93.8	%
Expected dividend yield		0	%

stock options outstanding

	Number Outstanding		Weighted Average Remaining Contractual Life (Years)		Weighted Average Exercise Price		Number Exercisable		Weighted Average Remaining Contractual Life (Years)		Weighted Average Exercise Price
$0.50 to $1.00		130,000		9.07	$	0.74		85,000		8.96	$	0.72
$1.01 to $1.50		55,000		9.25		1.05		0		-		-
		185,000		9.12		0.83		85,000		8.96		0.72

Equity Option [Member]

Assumptions required for the Black-Scholes model

	2014	2013
Risk-free interest rate	1.58 – 1.62%	1.43 – 1.49%
Expected life in years	5.50	5.50
Weighted Avg Expected Volatility	94.4% - 105.3%	99.5 – 103.4%
Expected dividend yield	0%	0%