Quarterly report pursuant to Section 13 or 15(d)

5. STOCK OPTION PLAN AND STOCK-BASED COMPENSATION (Details 1)

v3.2.0.727
5. STOCK OPTION PLAN AND STOCK-BASED COMPENSATION (Details 1) - 6 months ended Jun. 30, 2015 - $ / shares
Total
Outstanding End 8,117,400
Stock option  
Outstanding Beginning 6,483,400
Granted, Shares 1,809,000
Exercised, Shares 0
Options forfeited/cancelled, Shares (175,000)
Outstanding End 8,117,400
Outstanding Beginning, Exercise Price Per Share, Minimum $ .10
Outstanding Beginning, Exercise Price Per Share, Maximum $ 1.85
Granted, Exercise Price Per Share, Minimum .18
Granted, Exercise Price Per Share, Maximum .20
Exercised, Exercise Price Per Share, Minimum $ 0
Exercised, Exercise Price Per Share, Maximum 0
Options forfeited/cancelled, Exercise Price Per Share, Minimum .18
Options forfeited/cancelled, Exercise Price Per Share, Maximum .43
Outstanding End, Exercise Price Per Share, Minimum .10
Outstanding End, Exercise Price Per Share, Maximum 1.85
Outstanding Beginning, Weighted Average Exercise Price .47
Granted, Weighted Average Exercise Price .18
Exercised, Weighted Average Exercise Price 0
Options forfeited/cancelled, Weighted Average Exercise Price .32
Outstanding Weighted Average Exercise Price as of June 30, 2015 $ .41