Annual report pursuant to Section 13 and 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.7.0.1
STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Schedule of common stock warrants activity

The following table summarizes the Company’s common stock warrants activity for the years ended December 31, 2016 and 2015:

 

    Warrants     Weighted
Average
Exercise
Price
 
Outstanding as of December 31, 2014     12,424,669     $ 0.53  
Granted     -       -  
Exercised     -       -  
Forfeited/Canceled     -       -  
Outstanding as of December 31, 2015     12,424,669       0.53  
Granted     16,000,000       0.10  
Exercised     -       -  
Forfeited/Canceled     -       -  
Outstanding as of December 31, 2016     28,424,669     $ 0.29