1. INTERIM FINANCIAL STATEMENTS (Tables)

9 Months Ended

Sep. 30, 2015

Interim Financial Statements Tables

Fair value and carrying amount of long-term debt

	September 30, 2015		December 31, 2014
Fair Value	$	2,048,710		--
Carrying Value	$	2,132,457		--

Stock-Based Compensation

	Shares
Outstanding on December 31, 2014		3,150,110
Granted		525,000
Exercised		--
Forfeited		(18,000	)
Outstanding on September 30, 2015		3,657,110
Weighted average exercise price of outstanding options	$	0.21
Aggregate Intrinsic Value	$	299
Shares available for future grants on September 30, 2015		844,090
Weighted average of remaining contractual life		4.78