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14. STOCK OPTIONS (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2015

Dec. 31, 2014

Stock Options Tables

Stock option activity for the six months ended June 30, 2015 and the years ended December 31, 2014 and 2013 is as follows:

		Weighted Average
		Options				Exercise Price				$
Outstanding as of December 31, 2012			12,851,187				0.098				1,259,781
Granted			34,000,000				0.070				2,386,000
Exercised			-				-				-
Forfeitures			(6,000,000	)			(0.030	)			(180,108	)
Outstanding as of December 31, 2013			40,851,187				0.085				3,465,673
Granted			49,720,000				0.075				3,706,000
Exercised			(5,126,187	)			(0.133	)			(682,922	)
Forfeitures			(44,725,000	)			(0.092	)			(4,132,751	)
Outstanding as of December 31, 2014			40,720,000			$	0.058			$	2,356,000
Granted			-			-					-
Exercised			-			-					-
Forfeitures			(150,000	)			(0.050	)			(7,500	)
Outstanding as of June 30, 2015			40,570,000			$	0.058			$	2,348,500

The following table summarizes information about stock options outstanding and exercisable at June 30, 2015:

								Weighted				Weighted								Weighted
								Average				Average								Average
Range of				Number				Remaining Life				Exercise Price				Number				Exercise Price
Exercise Prices				Outstanding				In Years				Exerciseable				Exerciseable				Exerciseable
$	0.05				24,570,000				4.30			$	0.050				9,107,500			$	0.050
	0.07				16,000,000				4.08				0.070				3,333,333				0.070
					40,570,000				4.21			$	0.058				12,440,833			$	0.057

Stock option activity for the years ended December 31, 2014 and 2013 was as follows:

		Weighted Average
		Options				Exercise Price				$
Outstanding as of December 31, 2012			12,851,187			$	0.098			$	1,259,781
Granted			34,000,000				0.070				2,386,000
Exercised			-				-				-
Forfeitures			(6,000,000	)			(0.030	)			(180,108	)
Outstanding as of December 31, 2013			40,851,187				0.085				3,465,673
Granted			49,720,000				0.075				3,706,000
Exercised			(5,126,187	)			(0.13	)			(682,923	)
Forfeitures			(44,725,000	)			(0.092	)			(4,132,751	)
Outstanding as of December 31, 2014			40,720,000			$	0.058			$	2,356,000

The following table summarizes information about stock options outstanding and exercisable at December 31, 2014:

								Weighted				Weighted								Weighted
								Average				Average								Average
Range of				Number				Remaining Life				Exercise Price				Number				Exercise Price
Exercise Prices				Outstanding				In Years				Exerciseable				Exerciseable				Exerciseable
$	0.05				24,720,000				4.80			$	0.050				5,758,333			$	0.050
	0.07				16,000,000				4.58				0.070				1,944,444				0.070
					40,720,000				4.71			$	0.058				7,702,777			$	0.056

Tabular disclosure of the freestanding option contracts issued by an entity that are indexed to, and potentially settled in, an entity's own stock. Includes disclosure on the strike price and the number of shares to which the contract is indexed, the settlement date or dates of the contract, and the issuer's accounting for the contract. If the terms of the contract provide settlement alternatives, those settlement alternatives are disclosed, including who controls the settlement alternatives, and the maximum number of shares that could be required to be issued, to net share settle the contract, if applicable. If a contract does not have a fixed or determinable maximum number of shares that could be required to be issued, the fact that a potentially infinite number of shares that may be required to be issued to settle the contract is disclosed. Disclosure also includes the contract's current fair value for each settlement alternative and how changes in the price of the issuer's equity instruments affect those settlement amounts.

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