STOCK OPTION GRANTS (Tables)

12 Months Ended

Dec. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of stock option activity

The following is a summary of stock option activity:

					Weighted
			Weighted		Average
			Average		Remaining		Aggregate
	Options		Exercise		Contractual		Intrinsic
	Outstanding		Price		Life		Value
Outstanding, December 31, 2014		-
Granted		47,800,000	$	0.32
Outstanding, December 31, 2015		47,800,000	$	0.32		4.74	$	7,698,650
Exercisable, December 31, 2015		19,962,500	$	0.36		4.74	$	2,353,163

Schedule of exercise price for options outstanding and exercisable

The exercise price for options outstanding and exercisable at December 31, 2015 is as follows:

Outstanding				Exercisable
Number of		Exercise		Number of		Exercise
Options		Price		Options		Price
	3,500,000	$	0.0001		875,000	$	0.0001
	8,000,000	$	0.10		2,687,500	$	0.10
	6,300,000	$	0.15		1,400,000	$	0.15
	30,000,000	$	0.45		15,000,000	$	0.45
	47,800,000				19,962,500

Schedule of assumptions used in calculating the fair value of options granted using the Black-Scholes option- pricing model

The assumptions used in calculating the fair value of options granted using the Black-Scholes option- pricing model for options granted are as follows:

Stock price	$0.02 to $0.55
Risk-free interest rate	1.4% to 1.5%
Expected life of the options	2.5 to 4.21 years
Expected volatility	85% to 93%
Expected dividend yield	0%