Subsequent Events

9 Months Ended

Sep. 30, 2015

Subsequent Events [Abstract]

Subsequent Events

11. Subsequent Events

On October 1, 2015, the Company entered into an Employment Agreement with Steve Shum to serve as the Company’s chief financial officer. The agreement provides for an annual base salary $195,000 and 5-year options to purchase 850,000 shares of common stock with an exercise price of $0.45 per share.

In October 2015, the Company entered into a revised contract with a service provider, under which it agreed to issue (i) 100,000 shares of the Company’s common stock and (ii) 3-year options to purchase 450,000 shares of common stock at exercise prices and vesting provisions as set forth in the agreement. On October 30, 2015, the service provider terminated this contract. The common stock and options were never issued by the Company under the agreement.