STOCK OPTION GRANTS

12 Months Ended

Dec. 31, 2015

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

STOCK OPTION GRANTS

NOTE 2 – STOCK OPTION GRANTS

The ID Global Solutions Corporation Equity Compensation Plan established on November 31, 2014 (the “2014 Plan”) covers 25,000,000 shares of common stock. The 2014 Plan contains an “evergreen formula” pursuant to which the number of shares of common stock available for issuance under the 2014 Plan will automatically increase on the first trading day of January each calendar year during the term of the 2014 Plan, beginning with calendar year 2015, by an amount equal to 2% of the total number of shares of common stock outstanding on the last trading day in December of the immediately preceding calendar year, up to a maximum annual increase of 250,000 shares of common stock. The purpose of the 2014 Plan is to enable the Company to offer its employees, officers, directors and consultants. The 2014 Plan is administered by our board of directors. Plan options may either be:

• incentive stock options (ISOs),

• non-qualified options (NSOs),

• awards of our common stock, or

• rights to make direct purchases of our common stock which may be subject to certain restrictions.

The Company did not issue any securities under the 2014 Plan during 2014. All securities issued under the 2014 Plan occurred during 2015. The Company has no other stock options plans in effect as of December 31, 2015.

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

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

For options granted during 2015 where the exercise price was greater than the stock price at the date of the grant, the weighted-average fair value of such options was $0.01 and the weighted-average exercise price of such options was $0.01.   For options granted during 2015 where the exercise price was less than the stock price at the date of the grant, the weighted-average fair value of such options was $0.32 and the weighted-average exercise price of such options was $0.34.   No options were granted during 2015 where the exercise price was equal to the stock price at the date of grant.

The fair value of the stock options is being amortized to stock based compensation expense over the vesting period. The Company recorded stock based compensation expense of $6,320,114 during the year ended December 31, 2015, which is included in general and administrative expenses in the accompanying statements of operations. At December 31, 2015, the unamortized stock option expense was $7,688,515 which will be amortized to expense through March 31, 2019. There was no stock compensation for the year ending December 31, 2014.

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%