13. STOCK OPTIONS (Tables)

12 Months Ended

Dec. 31, 2015

Stock Options Tables

Stock options

Stock option activity for the years ended December 31, 2015 and 2014 is as follows:

	Weighted Average
	Options			Exercise Price			$
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		-			-			(960,000	)
Exercised		-			-			-
Forfeitures		(11,700,000	)		(0.050	)		(585,000	)
Outstanding as of December 31, 2015		29,020,000		$	0.028		$	811,000

The following table summarizes information about stock options outstanding and exercisable at December 31, 2015: 

Range of Exercise		Number		Weighted Average Remaining Life In		Weighted Average Exercise Price		Number		Weighted Average Exercise Price
Prices		Outstanding		Years		Exerciseable		Exerciseable		Exerciseable
$	0.05		13,020,000		4.00	$	0.050		7,120,000	$	0.050
	0.01		16,000,000		3.77		0.010		7,833,333		0.010
			29,020,000		3.85	$	0.028		14,953,333	$	0.043