12 - OPTIONS (Tables)

9 Months Ended

Sep. 30, 2016

Dec. 31, 2015

Accounting Policies [Abstract]

Number of shares outstanding

	Number of Shares			Weighted Avg. Exercise Price
Options outstanding at December 31, 2015		150,000			2.67
Granted		975,700		$	6.79
Exercised		-			-
Cancelled / Expired		(55,000	)		4.19
Outstanding at September 30, 2016		1,070,700		$	6.34

	Number of		Weighted Avg.
	Shares		Exercise Price
None outstanding at March 31, 2015		—		—
Granted		150,000	$	2.67
Exercised		—		—
Outstanding at December 31, 2015		150,000	$	2.67

Outstanding and exercisable options

Average Exercise Price			Number of Shares		Remaining Average Contractual Life (in years)		Exercise Price times number of Shares			Weighted Average Exercise Price			Intrinsic Value
	$	2.00		100,000		3.65		$	200,000		$	2.00		$	500,000

Average Exercise Price			Number of Shares		Remaining Average Contractual Life (in years)		Exercise Price times number of Shares		Weighted Average Exercise Price		Intrinsic Value
	$	3.00		150,000		4.56	$	400,500	$	2.67	$	57,856
				150,000			$	400,500	$	2.67	$	57,856