2. SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
Mar. 31, 2018
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES The Company’s significant accounting policies are described in the notes to the Company’s audited financial statements included in its December 31, 2017 Annual Report on Form 10-K. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reporting period. Actual results could differ from those estimates. Income (Loss) Per Common Share Basic net income (loss) per share of common stock is computed by dividing net income (loss) by the weighted average number of common shares outstanding during the period. Diluted net income (loss) per share of common stock is computed by dividing net income (loss) by the sum of the weighted average number of common shares outstanding and the dilutive potential common share equivalents outstanding. Potential dilutive common share equivalents consist of shares issuable upon exercise of outstanding stock options and the exercise of convertible preferred stock. For the three months ended March 31, 2018, 29,961,983 common stock equivalents related to convertible preferred stock have not been included in the calculation of diluted loss per common share because they are anti-dilutive. Therefore, basic loss per common share is the same as diluted loss per common share. For the three months ended March 31, 2017, 27,568,773 common stock equivalents related to convertible preferred stock have been included in the calculation of diluted income per common share. Common stock equivalents related to the conversion of stock options have not been included in the calculation of diluted income per common share because they are anti-dilutive. Recently Issued Accounting Pronouncements There were no new accounting pronouncements issued or proposed by the Financial Accounting Standards Board during the three months ended March 31, 2018 and through the date of filing of this report that the Company believes has had or will have a material impact on its financial position or results of operations.

2. SIGNIFICANT ACCOUNTING POLICIES

3 Months Ended

Mar. 31, 2018

NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES

The Company’s significant accounting policies are described in the notes to the Company’s audited financial statements included in its December 31, 2017 Annual Report on Form 10-K.

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reporting period. Actual results could differ from those estimates.

Income (Loss) Per Common Share

Basic net income (loss) per share of common stock is computed by dividing net income (loss) by the weighted average number of common shares outstanding during the period. Diluted net income (loss) per share of common stock is computed by dividing net income (loss) by the sum of the weighted average number of common shares outstanding and the dilutive potential common share equivalents outstanding. Potential dilutive common share equivalents consist of shares issuable upon exercise of outstanding stock options and the exercise of convertible preferred stock.

For the three months ended March 31, 2018, 29,961,983 common stock equivalents related to convertible preferred stock have not been included in the calculation of diluted loss per common share because they are anti-dilutive. Therefore, basic loss per common share is the same as diluted loss per common share.

For the three months ended March 31, 2017, 27,568,773 common stock equivalents related to convertible preferred stock have been included in the calculation of diluted income per common share. Common stock equivalents related to the conversion of stock options have not been included in the calculation of diluted income per common share because they are anti-dilutive.

Recently Issued Accounting Pronouncements

There were no new accounting pronouncements issued or proposed by the Financial Accounting Standards Board during the three months ended March 31, 2018 and through the date of filing of this report that the Company believes has had or will have a material impact on its financial position or results of operations.