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OPTIONS (Tables)
6 Months Ended
Jun. 30, 2014
OPTIONS.  
Summary of the Company's outstanding options

 

 

Number of
Options

 

Wtd Avg.
Exercise Price

 

Wtd Avg.
Remaining
Term

 

Intrinsic
Value

 

Outstanding at December 31, 2013

 

4,485,250

 

$

0.38

 

3.96

 

$

105,410

 

 

 

 

 

 

 

 

 

 

 

Granted

 

4,902,100

 

0.42

 

 

 

 

 

Less Exercised

 

100,000

 

0.25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at June 30, 2014

 

9,287,350

 

$

0.40

 

4.09

 

$

121,534