STOCK OPTION PLAN (Tables)

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Summary of the status of all of the Company's stock options

	Number of Options		Weighted-Average Exercise Price		Aggregate Intrinsic Value		Weighted-Average Remaining Life (Years)
Outstanding at January 1, 2015		4,800,000	$	0.26	$	—		5.65
Exercisable at January 1, 2015		3,200,000	$	0.22	$	—		3.79
Granted		4,700,000	$	0.15	$	—		6.58
Exercised		—	$	0.00	$	—		—
Cancelled		—	$	0.00	$	—		—
Outstanding at December 31, 2015		9,500,000	$	0.20	$	—		5.26
Exercisable at December 31, 2015		7,902,000	$	0.20	$	—		4.55
Granted			$	0.00	$	—
Exercised		—	$	0.00	$	—		—
Cancelled		—	$	0.00	$	—		—
Outstanding at December 31, 2016		9,500,000	$	0.20	$	—		5.26
Exercisable at December 31, 2016		7,902,000	$	0.20	$	—		4.00