OPTIONS (Tables)

9 Months Ended

Sep. 30, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity

The following table summarizes the Company’s stock option activity:

			Weighted		Weighted Average
	Number of		Average		Remaining
	options		Exercise Price		Life in Years
Outstanding, December 31, 2014		3,130,000	$	1.93		6.66
Granted		90,000	$	1.11		9.75
Forfeited		-		-		-
Exercised		-		-		-
Outstanding, September 30, 2015		3,220,000	$	1.90		6.01
Exercisable, December 31, 2014		2,570,000	$	2.03		6.58
Exercisable, September 30, 2015		2,922,500	$	1.98		5.87