Common Stock Options (Tables)

9 Months Ended

Sep. 30, 2015

Common Stock Options Tables

Stock Option Activity

					Weighted
					Average
			Weighted		Remaining		Aggregate
	Options		Average		Contractual		Intrinsic
	Outstanding		Exercise Price		Life (Years)		Value
Balance January 1, 2015		185,000	$	0.83		8.62	$	133,000
Options granted		22,500		1.34		9.75	$	4,725
Balance September 30, 2015		207,500	$	0.89		8.52	$	137,725
Exercisable at September 30, 2015		125,000	$	0.77		8.46	$	97,000

Assumption of stock option activity

	2015	2014
Weighted average risk-free interest rate	1.49 – 1.70%	1.43 – 1.62%
Expected life in years	5.0	4.50 – 5.50
Weighted Avg. Expected Volatility	88.4 -105.3%	99.5 – 105.3%
Expected dividend yield	$0	$0