STOCKHOLDER'S EQUITY (Tables)

9 Months Ended

Sep. 30, 2017

Equity [Abstract]

Schedule of warrant activity

The following is a summary of the Company’s warrant activity for the nine months ended September 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 September 30, 2017		47,538,697		$	0.08		2.9 Years

Schedule of black - scholes option-pricing model valuation assumption

The Company determined the grant date fair value of the options granted during the Nine months ended September 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 nine months ended September 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		21,000,000		$	0.11		10.0	$	—
Forfeitures		(3,425,000	)	$	0.06		10.0	$	—
Outstanding as of September 30, 2017		104,500,000		$	0.19		9.1	$	3,989,000
Exercisable as of September 30, 2017		78,704,170		$	0.17		8.7	$	2,788,000

Schedule of stock option

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

Exercise Prices		Outstanding		Weighted Average Contractual Life		Exercisable
$	0.0001		3,500,000		8.00 Years		3,500,000
$	0.05		33,950,000		8.86 Years		23,312,502
$	0.10		27,250,000		9.05 Years		15,583,336
$	0.15		6,300,000		7.85  Years		4,258,332
$	0.25		500,000		8.50 Years		300,000
$	0.29		1,000,000		9.75 Years		—
$	0.40		1,000,000		8.42 Years		1,000,000
$	0.45		31,000,000		8.00 Years		30,750,000
	Total		104,500,000		8.57 Years		78,704,170