Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 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		1,100,000	$	0.53
Exercised		-	$	-
Forfeited/Cancelled		824,500	$	0.46
Outstanding – June 30, 2016		10,209,000	$	0.70
Exercisable – June 30, 2016		5,160,500	$	0.49

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	10,209,000	2.52 years	$	0.70	5,160,500	$	0.49