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STOCK TRANSACTIONS (Tables)
 6 Months Ended
Jun. 30, 2016
STOCK TRANSACTIONS (Tables)  
Schedule of Company's stock options outstanding

A summary of the stock option activity during the six months ended June 30, 2016 is presented below:

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

Weighted

 

 

Average

 

 

 

 

 

 

 

 

 

Average

 

 

Remaining

 

 

Aggregate

 

 

 

 

 

 

Exercise

 

 

Contractual

 

 

Intrinsic

 

 

 

Shares

 

 

Price

 

 

Term (Years)

 

 

Value

 

Outstanding, December 31, 2015

 

 

5,272,227

 

 

$

0.435

 

 

 

1.73

 

 

$

-

 

Granted

 

 

-

 

 

 

0.435

 

 

 

-

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Forfeited/expired

 

 

-

 

 

 

0.435

 

 

 

-

 

 

 

-

 

Outstanding, June 30, 2016

 

 

5.272,227

 

 

$

0.435

 

 

 

1.23

 

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Vested/exercisable at December, 31, 2015

 

 

5,062,227

 

 

$

0.435

 

 

 

1.60

 

 

$

-

 

Vested/exercisable at June, 30, 2016

 

 

5,062,227

 

 

$

0.435

 

 

 

1.10

 

 

$

-