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ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2015
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)  
Property and Equipment

Fixed assets are stated at cost. Depreciation and amortization are computed using the straight-line method over the estimated economic useful lives of the related assets as follows:

 

Computer equipment

3 - 7 years

Computer software

3 - 7 years

Machinery and equipment

3 - 7 years

Furniture and fixtures

3 - 7 years

Net Income (Loss) Per Common Share

Basic weighted average shares outstanding is reconciled to diluted weighted shares outstanding as follows:

 

 

 

December 31, 2015

 

 

December 31, 2014

 

Basic weighted average shares outstanding

 

 

698,709,332

 

 

 

654,524,231

 

Dilutive Warrants

 

 

2,033,169

 

 

 

-

 

Diluted weighted average shares outstanding

 

 

700,742,501

 

 

 

654,524,231