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12. EQUITY (Tables)
12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Warrants

A summary of the warrants issued as of December 31, 2015 were as follows:

 

December 31, 2015    
          Weighted  
          Average  
          Exercise  
    Shares     Price  
Outstanding at beginning of period     565,000,000     $ 0.032  
Issued     -       -  
Exercised     -       -  
Forfeited     -       -  
Expired     -       -  
Outstanding at end of period     565,000,000     $ 0.032  
Exerciseable at end of period     565,000,000          

 

A summary of the status of the warrants outstanding as of December 31, 2015 is presented below:

 

December 31, 2015    
Number of    

Weighted

Average

Remaining

   

Weighted

Average

Exercise

    Shares    

Weighted

Average

Exercise

 
Warrants     Life     Price     Exerciseable     Price  
  540,000,000       3.31     $ 0.033       540,000,000     $ 0.033  
  25,000,000       2.94       0.010       25,000,000       0.010  
                                     
                                     
  565,000,000       3.30     $ 0.032       565,000,000     $ 0.032  


Warrants totaling 565,000,000 shares of common stock have an intrinsic value of $0 as of December 31, 2015.