STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2014

Stockholders Equity Tables

Stock option valuation assumptions

The fair value of each option was estimated on June 25, 2013 (date of grant) using the following Black-Scholes assumptions:

	Year ended December 31, 2013
Expected term (in years)		5
Expected stock price volatility		185.25	%
Risk-free interest rate		1.48	%
Expected dividend yield		-

Schedule of option activities

The following table summarizes all stock option activity under the plans:

	Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)		Aggregate Intrinsic Value
Outstanding at January 1, 2014		300,000		0.03		4.48	$	9,000
Granted						-
Exercised		-		-		-		-
Forfeited/expired		-		-		-		-
Outstanding at December 31, 2014		300,000	$	0.03		3.48	$	9000
Exercisable at December 31, 2014		300,000	$	0.03		3.48	$	9,000