Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v3.2.0.727
Stock Based Compensation (Tables)
6 Months Ended
Jun. 30, 2015
Stock Options [Member] | Directors, officers and employees [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of summarizes of option activity
            Outstanding Stock Options  
      Shares Available for Grant     Number of Shares     Weighted
Average
Exercise Price
per Share
    Weighted
Average Grant
Date Fair Value
 per Share
    Weighted
Exercise Term
in Months
 
  Balance, December 31, 2013     4,485,000       7,994,748     $ 0.45     $ 0.23       36  
  Additional stock reserved     5,000,000       -     $ -     $ -       -  
  Granted     (8,675,926 )     8,675,926     $ 0.05     $ 0.08       58  
  Exercised     -       -     $ -     $ -       -  
  Forfeited     -       -     $ -     $ -       -  
  Expired     -       -     $ -     $ -       -  
  Balance, December 31, 2014     809,074       16,670,674     $ 0.23     $ 0.15       41  
  Additional stock reserved     7,500,000       -     $ -     $ -       -  
  Granted     (2,350,000 )     2,350,000     $ 0.15     $ 0.07       45  
  Exercised     -       (1,250,697 )   $ 0.01     $ 0.09       45  
  Forfeited     -       -     $ -     $ -       -  
  Expired     -       -     $ -     $ -       -  
  Balance, June 30, 2015     5,959,074       17,769,977     $ 0.34     $ 0.15       41  

 

Stock Options [Member] | Consultants [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of summarizes of option activity
            Outstanding Stock Options  
      Shares Available for Grant     Number of Shares     Weighted
Average
Exercise Price
per Share
    Weighted
Average Grant
Date Fair Value
 per Share
    Weighted
Average
Remaining
Exercise Term
in Months
 
  Balance, December 31, 2013     971,000       1,415,000     $ 0.41     $ 0.20       34  
  Additional stock reserved     2,000,000       -     $ -     $ -       -  
  Granted     (2,967,727 )     2,967,727     $ 0.01     $ 0.10       54  
  Exercised     -       -     $ -     $ -       -  
  Forfeited     200,000       (200,000 )   $ -     $ -       -  
  Expired     190,000       (190,000 )   $ 0.50     $ 0.17       -  
  Balance, December 31, 2014     393,273       3,992,727     $ 0.13     $ 0.13       50  
  Additional stock reserved     -       -     $ -     $ -       -  
  Granted     (25,000 )     25,000     $ 0.15     $ 0.10       57  
  Exercised     -       (225,241 )   $ 0.09     $ 0.10       57  
  Forfeited     -       -     $ -     $ -       -  
  Expired     -       -     $ -     $ -       -  
  Balance, June 30, 2015     368,273       3,792,486     $ 0.60     $ 0.27       57

Warrant [Member] | Placement agent and consultants [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of summarize of warrant activity
            Outstanding Warrants  
      Shares Available for Grant     Number of Shares     Weighted
Average
Exercise Price
per Share
    Weighted
Average Grant
Date Fair Value
 per Share
    Weighted
Average
Remaining
Exercise Term
in Months
 
  Balance, December 31, 2013     4,339,590       3,130,894     $ 0.46     $ 0.21       24  
  Additional stock reserved     -       -     $ -     $ -       -  
  Granted     (1,598,607 )     1,598,607     $ 0.17     $ 0.06       34  
  Exercised     -       -     $ -     $ -       -  
  Forfeited     -       -     $ -     $ -       -  
  Expired     -       (628,013 )   $ 0.39     $ 0.18       -  
  Balance, December 31, 2014     2,740,983       4,101,488     $ 0.36     $ 0.15       14  
  Additional stock reserved     -       -     $ -     $ -       -  
  Granted     (281,571 )     281,571     $ 0.14     $ 0.12       30  
  Exercised     -       (281,571 )   $ 0.14     $ 0.12       30  
  Forfeited     -       -     $ -     $ -       -  
  Expired     956,804       (956,804 )   $ -     $ -       -  
  Balance, June 30, 2015     3,416,216       3,144,684     $ 1.78     $ 0.09       30

Warrant [Member] | Directors and officers [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of summarize of warrant activity
            Outstanding Warrants  
      Shares Available for Grant     Number of Shares     Weighted
Average
Exercise Price
per Share
    Weighted
Average Grant
Date Fair Value
 per Share
    Weighted
Average
Remaining
Exercise Term
in Months
 
  Balance, December 31, 2013               $ 1.78     $ 0.09       22  
  Additional stock reserved     -       -       -       -       -  
  Granted     -       -       0.17       -       -  
  Exercised     -       -       -       -       -  
  Forfeited     -       -       -       -       -  
  Expired     -       -       -       -       -  
  Balance, December 31, 2014     3,489,250       3,389,250     $ 1.78     $ 0.09       9  
  Additional stock reserved     -       -       -       -       -  
  Granted     -       -       -       -       -  
  Exercised     -       -       -       -       -  
  Forfeited     -       -       -       -       -  
  Expired     489,250       (489,250 )     -       -       -  
  Balance, June 30, 2015     3,978,500       2,900,000     $ 1.78     $ 0.09       9