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STOCKHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2016
Stockholders' deficiency  
Schedule of restricted stock award activity

A summary of the restricted stock award activity for the six months ended June 30, 2016 is as follows:

 

    Number of Units     Weighted Average Grant
Day Fair Value
 
Nonvested at December 31, 2015     -     $ -  
Granted     290,000       0.60  
Vested     (290,000 )     0.60  
Nonvested at June 30, 2016     -     $ -  
Schedule of warrants activity

A summary of the Company’s warrants activity and related information as of June 30, 2016 is as follows.

 

Exercise     Warrants     Remaining     Warrants  
Price     Granted     Life (Years)     Exercisable  
$ 0.001       1,350,000       1.47       450,000  
$ 1.50       50,000       2.37       50,000  
$ 2.00       300,000       4.38       300,000  
$ 2.50       500,000       4.75       -  
          2,200,000               800,000