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Stockholders' Deficiency (Tables)
3 Months Ended
Mar. 31, 2015
Equity [Abstract]  
Schedule of Warrants Activity

A summary of warrant activity for the three months ended March 31, 2015 is presented below.

 

    Number of
Shares
    Weighted
Average
Exercise Price
    Weighted
Average
Remaining
Contractual
Life (in Years)
 
Warrants outstanding at December 31, 2014     25,686,096     $ 0.01744          
Issued     6,419,998       0.03500          
Exercised                    
Expired                    
Warrants outstanding at March 31, 2015     32,106,094     $ 0.02095       2.08  
                         
Warrants exercisable at December 31, 2014     25,686,096     $ 0.01744          
Warrants exercisable at March 31, 2015     32,106,094     $ 0.02095       2.08  

 

A summary of warrant activity for the three months ended March 31, 2014 is presented below.

 

    Number of
Shares
    Weighted
Average
Exercise Price
    Weighted
Average
Remaining
Contractual
Life (in Years)
 
Warrants outstanding at December 31, 2013     4,000,000     $ 0.05600          
Issued                    
Exercised                    
Expired                    
Warrants outstanding at March 31, 2014     4,000,000     $ 0.05600       0.24  
                         
Warrants exercisable at December 31, 2013     4,000,000     $ 0.05600          
Warrants exercisable at March 31, 2014     4,000,000     $ 0.05600       0.24  

Exercise Prices of Common Stock Warrants Outstanding and Exercisable

The exercise prices of common stock warrants outstanding and exercisable are as follows at March 31, 2015:

 

Exercise Price     Warrants
Outstanding
(Shares)
    Warrants
Exercisable
(Shares)
    Expiration Date
$ 0.00396       14,531,953       14,531,953     April 17, 2019
$ 0.03500       17,574,141       17,574,141     September 15, 2015
          32,106,094       32,106,094      

 

The exercise prices of common stock warrants outstanding and exercisable are as follows at March 31, 2014:

 

Exercise Price     Warrants
Outstanding
(Shares)
    Warrants
Exercisable
(Shares)
    Expiration Date
$ 0.056       4,000,000       4,000,000     June 25, 2014
                         

 

Schedule of Stock Options Activity

A summary of stock option activity for the three months ended March 31, 2015 is presented below.

 

    Number of
Shares
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Life (in Years)
 
Options outstanding at December 31, 2014     25,716,668     $ 0.050          
Granted     500,000       0.051          
Expired                    
Forfeited                    
Options outstanding at March 31, 2015     26,216,668     $ 0.050       5.20  
                         
Options exercisable at December 31, 2014     25,716,668     $ 0.050          
Options exercisable at March 31, 2015     26,216,668     $ 0.050       5.20  

 

A summary of stock option activity for the three months ended March 31, 2014 is presented below.

 

    Number
of Shares
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Life (in Years)
 
Options outstanding at December 31, 2013     5,166,668     $ 0.060          
Granted     4,300,000       0.042          
Expired                    
Forfeited                    
Options outstanding at March 31, 2014     9,466,668     $ 0.052       7.80  
                         
Options exercisable at December 31, 2013     5,166,668     $ 0.060          
Options exercisable at March 31, 2014     9,466,668     $ 0.052       7.80  

Exercise Prices of Common Stock Options Outstanding and Exercisable

The exercise prices of common stock options outstanding and exercisable were as follows at March 31, 2015:

 

Exercise Price     Options
Outstanding
(Shares)
    Options
Exercisable
(Shares)
    Expiration
Date
$ 0.040       2,400,000       2,400,000     March 13, 2019
$ 0.040       1,250,000       1,250,000     April 14, 2019
$ 0.043       1,100,000       1,100,000     March 14, 2024
$ 0.049       800,000       800,000     February 28, 2024
$ 0.050       15,000,000       15,000,000     July 17, 2019
$ 0.051       500,000       500,000     January 29, 2020
$ 0.060       3,083,334       3,083,334     July 17, 2022
$ 0.060       2,083,334       2,083,334     August 10, 2022
          26,216,668       26,216,668      

 

The exercise prices of common stock options outstanding and exercisable were as follows at March 31, 2014:

 

Exercise Price     Options
Outstanding
(Shares)
    Options
Exercisable
(Shares)
    Expiration
Date
$ 0.040       2,400,000       2,400,000     March 13, 2019
$ 0.043       1,100,000       1,100,000     March 14, 2024
$ 0.049       800,000       800,000     February 28, 2024
$ 0.060       3,083,334       3,083,334     July 17, 2022
$ 0.060       2,083,334       2,083,334     August 10, 2022
          9,466,668       9,466,668