Related Party Transactions (Tables)

9 Months Ended

Sep. 30, 2018

Schedule of Stock Option Activity

The following table summarizes all compensation plan stock options for the three and nine months ended September 30:

	Three Months Ended September 30,
	2018				2017
	Number of		Weighted		Number of			Weighted
	Stock Options		Exercise Price		Stock Options			Exercise Price
Options outstanding, beginning of period		496,667	$	1.82		560,417		$	1.68
Granted		-		-		13,750			3.76
Redeemed		-		-		(30,000	)		1.20
Exercised		-		-		-			-
Expired / terminated		-		-		-			-
Options outstanding, end of period		496,667	$	1.82		544,167		$	1.76
Options exercisable, end of period		496,009	$	1.81		534,167		$	1.78

	Nine Months Ended September 30,
	2018					2017
	Number of			Weighted		Number of			Weighted
	Stock Options			Exercise Price		Stock Options			Exercise Price
Options outstanding, beginning of period		531,667		$	1.80		557,917		$	1.60
Granted		-			-		41,250			4.42
Redeemed		(22,500	)		1.70		(55,000	)		1.22
Exercised		(7,500	)		1.40		-			-
Expired / terminated		(5,000	)		1.40		-			-
Options outstanding, end of period		496,667		$	1.81		544,167		$	1.85
Options exercisable, end of period		496,009		$	1.81		534,167		$	1.87

CEO, COO and Members of Board of Directors[Member]

Schedule of Stock Options Granted

During the three and nine months ended September 30, 2018 and 2017, respectively, the Company issued the following options to purchase shares of the Company’s common stock to the Company’s CEO, COO, members of the Board of Directors and senior staff. All options expire within seven years of grant date.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Number of stock options granted		-		13,750		-		41,250
Weighted average purchase price	$	-	$	3.76	$	-	$	4.42

CEO, COO and Executive Vice President [Member]

Schedule of Additional Compensation Expense

During the three and nine months ended September 30, 2018 and 2017, respectively, the Company redeemed stock options from the CEO, COO and an Executive Vice President that had previously been awarded. As a result, the Company recorded additional compensation expense as follows:

	Three Months Ended September 30,					Nine Months Ended September 30,
	2018		2017			2018		2017
Number of stock options redeemed		-		30,000			22,500		55,000
Redemption value	$	-	$	97,300		$	76,900	$	182,550
Amount previously expensed (2011)		-		(32,000	)		(32,000)		(67,000	)
Additional compensation expense	$	-	$	65,300		$	44,900	$	115,550

CEO Exercised Stock Options [Member]

Schedule of Stock Option Activity

During the three and nine months ended September 30, 2018 and 2017, respectively, the CEO exercised stock options that had previously been awarded. As a result, the Company recorded additional equity as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Number of stock options exercised		-		-		7,500		-
Exercise price per share		-		-	$	1.40		-
Exercise value	$	-	$	-	$	10,500	$	-