Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2016

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

Summary of Stock Option Activity

The following is a summary of the Company’s option activity:

	Options		Weighted Average Exercise Price
Outstanding – December 31, 2015		9,933,500	$	0.70
Exercisable – December 31, 2015		4,332,500	$	0.41
Granted		-	$	-
Exercised		-	$	-
Forfeited/Cancelled		-	$	-
Outstanding – March 31, 2016		9,933,500	$	0.70
Exercisable – March 31, 2016		5,532,500	$	0.51

Schedule of Information Regarding Stock Options Outstanding

		Options Outstanding						Options Exercisable
Exercise Price		Number Outstanding		Weighted Average Remaining Contractual Life (in years)		Weighted Average Exercise Price		Number Exercisable		Weighted Average Exercise Price
$	0.40 - 1.50		9,933,500		2.45 years	$	0.70		5,532,500	$	0.51