Common Stock, Options and Warrants	9 Months Ended
Sep. 30, 2017
Notes to Financial Statements
Common Stock, Options and Warrants	The Company has authorized 150,000,000 shares of its Common Stock, of which 78,696,461 were issued and outstanding at each of September 30, 2017 and December 31, 2016. In July 2016, the Company authorized an aggregate total of 8.9 million shares of Common Stock to be issued to certain convertible note holders as payment of accrued and unpaid interest in the amount of $151,700. During the three months ended September 30, 2017 and 2016, there were no warrants issued by the Company. As of September 30, 2017, the Company had no warrants issued and outstanding. 2007 Incentive and Non-Qualified Stock Option Plan. The fair value of options granted under the Company’s 2007 Incentive and Non-Qualified Stock Option Plan is recorded as compensation expense over the vesting period, or, for performance based awards, the expected service term. The Company did not issue any options during the nine months ended September 30, 2017 or 2016.

Common Stock, Options and Warrants

9 Months Ended

Sep. 30, 2017

The Company has authorized 150,000,000 shares of its Common Stock, of which 78,696,461 were issued and outstanding at each of September 30, 2017 and December 31, 2016.

In July 2016, the Company authorized an aggregate total of 8.9 million shares of Common Stock to be issued to certain convertible note holders as payment of accrued and unpaid interest in the amount of $151,700.

During the three months ended September 30, 2017 and 2016, there were no warrants issued by the Company. As of September 30, 2017, the Company had no warrants issued and outstanding.

2007 Incentive and Non-Qualified Stock Option Plan. The fair value of options granted under the Company’s 2007 Incentive and Non-Qualified Stock Option Plan is recorded as compensation expense over the vesting period, or, for performance based awards, the expected service term. The Company did not issue any options during the nine months ended September 30, 2017 or 2016.