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SCHEDULE OF EQUITY (Tables)
9 Months Ended
Sep. 30, 2015
SCHEDULE OF EQUITY (TABLES):  
Schedule of Company issued the following shares of common stock during the period (Tables)

The Company issued the following shares of common stock during the nine months ended September 30, 2015:

 

 

 

Value of Shares

 

Number of Shares

Shares issued for services rendered

$

389,014

 

29,525,000

Shares issued for accrued expenses

 

229,438

 

12,562,500

Shares issued for financing costs

 

-

 

125,000

Shares issued for conversion of debt

 

345,232

 

30,523,226

Total shares issued

$

963,684

 

72,735,726

Schedule of summary of the Company's warrant activity (Tables)

A summary of the Company’s warrant activity and related information is provided below:

 

 

Exercise Price $

 

Number of

Warrants

Outstanding and exercisable at December 31, 2014

 

0.02

 

 

2,000,000

Warrants exercised

 

-

 

 

-

Warrants granted

 

0.02

 

 

4,550,000

Warrants expired

 

0.02

 

 

(2,000,000)

Outstanding and exercisable at September 30, 2015

 

0.02

 

 

4,550,000

 

Stock Warrants as of September 30, 2015

 

Exercise

 

Warrants

 

Remaining

 

Warrants

 

Price

 

Outstanding

 

Life (Years)

 

Exercisable

 

 

 

 

 

 

 

 

 

 

 

 

$0.02

 

 

3,300,000

 

 

1.84

 

 

3,300,000

 

$0.15

 

 

1,250,000

 

 

2.41

 

 

1,250,000

 

Schedule of Stock option activity under the 2008 Plan for the six months ended June 30, 2015 (Tables)

Stock option activity under the 2008 Plan for the nine months ended September 30, 2015 is summarized as follows:

 

 

 

Shares

 

Weighted Average Exercise Price

 

Weighted Average Remaining Contractual Life (in years)

 

Grant Date Fair Value

Outstanding at December 31, 2014

 

452,493

 

$0.08

 

1.09

$

46,901

Options granted

 

-

 

-

 

-

 

-

Options exercised

 

-

 

-

 

-

 

-

Options cancelled / forfeited / expired

 

(452,493)

 

-

 

-

 

(46,901)

Outstanding at September 30, 2015

 

-

$

0.00

 

-

$

-

 

 

 

 

 

 

 

 

 

Exercisable at September 30, 2015

 

-

$

0.00

 

-

$

-