STOCKHOLDERS' DEFICIT (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2016

Dec. 31, 2015

Stockholders' deficit

Schedule of stock options activity

A summary of the stock options activity for the nine months ended September 30, 2016 is as follows:

	Number of Shares		Weighted Average Exercise Price		Weighted Average Contractual Life
Outstanding as of December 31, 2015		2,000,000	$	0.54		3.87
Granted		2,352,619		0.61		9.80
Outstanding as of September 30, 2016		4,352,619		0.58		7.07
Options vested		1,214,034	$	0.55		4.51

Schedule of warrants activity

A summary of the outstanding warrants activity and related information as of September 30, 2016 is as follows:

Exercise		Warrants		Remaining		Warrants
Price		Outstanding		Life (Years)		Exercisable
$	0.001		1,350,000		1.19		900,000
$	0.60		462,500		4.90		462,500
$	0.71		2,016,734		9.98		2,016,734
$	1.50		50,000		1.87		50,000
$	2.00		300,000		3.87		300,000
$	2.50		500,000		4.24		500,000
			4,679,234				4,229,234

Stock Warrants Outstanding as of December 31, 2015
Exercise		Warrants		Remaining		Warrants
Price		Granted		Life (Years)		Exercisable
$	0.001		1,350,000		1.97		450,000
$	1.50		50,000		2.87		50,000
$	2.00		300,000		4.88		300,000
$	2.50		500,000		5.25		-
			2,200,000				800,000