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OPTIONS (Tables)
 3 Months Ended
Mar. 31, 2015
OPTIONS.  
Summary of the Company's outstanding and exercisable options

   

 

 

 

Number of
Options

 

Wtd Avg.
Exercise Price

 

Wtd Avg.
Remaining
Term

 

Exercisable

 

Intrinsic
Value
of Exercisable
Options

 

Outstanding at December 31, 2014

 
11,434,350 

 

$
0.47 

 
3.79 

 
5,635,250 

 

$
460,941 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 
2,368,550 

 
0.44 

 
4,81 

 

 

 

—

 

Forfeited

 
500,000 

 
0.40 

 
3.83 

 

 

 

—

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at March 31, 2015

 
13,302,900 

 

$
0.47 

 
3.75 

 
7,061,300 

 

$
446,189