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OPTIONS (Tables)
 12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarized the Company’s stock option activity:
 
 
 
 
 
 
 
Weighted Average
 
 
 
 
 
Number of
 
Weighted Average
 
Remaining Life
 
Aggregate
 
 
 
Options
 
Exercise Price
 
in Years
 
Intrinsic Value
 
Outstanding, December 31, 2015
 
 
3,220,000
 
$
1.90
 
 
5.76
 
$
-
 
Exercisable, December 31, 2015
 
 
3,009,375
 
$
1.95
 
 
5.63
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Granted
 
 
-
 
$
-
 
 
-
 
 
-
 
Forfeited
 
 
-
 
 
-
 
 
-
 
 
-
 
Exercised
 
 
-
 
 
-
 
 
-
 
 
-
 
Outstanding, December 31, 2016
 
 
3,220,000
 
$
1.90
 
 
4.76
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable, December 31, 2016
 
 
3,152,500
 
$
1.92
 
 
4.70
 
$
-