STOCKHOLDER'S EQUITY (Tables)

6 Months Ended

Jun. 30, 2017

Equity [Abstract]

Schedule of warrant activity

The following is a summary of the Company’s warrant activity for the six months ended June 30, 2017:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Life
Outstanding at December 31, 2016		51,138,697		$	0.11		3.8 Years
Cancelled		(3,600,000	)	$	0.08		3.9 Years
Outstanding at June 30, 2017		47,538,697		$	0.08		3.2 Years

Schedule of black - scholes option-pricing model valuation assumption

The Company determined the grant date fair value of the options granted during the Six Months ended June 30, 2017 using the Black Scholes Method and the following assumptions:

Expected Volatility – 85% 

Expected Term – 5.0 Years 

Risk Free Rate – 1.92% 

Dividend Rate – 0.00%

Schedule of outstanding stock options

Activity related to stock options for the Six Months ended June 30, 2017 is summarized as follows:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Contractual Term (Yrs.)		Aggregate Intrinsic Value
Outstanding as of December 31, 2016		86,925,000		$	0.21		9.5	$	10,023,400
Granted		20,000,000		$	0.10		9.8	$	—
Forfeitures		(875,000	)	$	0.10		8.8	$	—
Outstanding as of June 30, 2017		106,050,000		$	0.19		9.1	$	9,215,000
Exercisable as of June 30, 2017		76,183,334		$	0.16		8.7	$	5,322,000

Schedule of stock option

The following table summarizes stock option information as of June 30, 2017:

Exercise Prices		Outstanding		Weighted Average Contractual Life		Exercisable
$	0.0001		3,500,000		8.25 Years		3,500,000
$	0.05		36,500,000		9.11 Yeas		22,625,000
$	0.10		27,250,000		9.30 Years		14,083,335
$	0.15		6,300,000		8.10 Years		4,049,999
$	0.25		500,000		8.75 Years		300,000
$	0.40		1,000,000		8.67 Years		1,000,000
$	0.45		31,000,000		8.25Years		30,625,000
	Total		106,050,000		9.04 Years		76,183,334