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STOCKHOLDER'S EQUITY (Tables)

12 Months Ended

Dec. 31, 2017

Equity [Abstract]

Schedule of warrant activity

The following is a summary of the Company’s warrant activity for the years ended December 31, 2017 and 2016:

			Number of Shares				Weighted Average Exercise Price				Weighted Average Remaining Life
Outstanding at December 31, 2015				35,171,744			$	0.10
Granted				15,966,953			$	0.11
Outstanding at December 31, 2016				51,138,697			$	0.11				2.8 Years
Granted				1,153,846			$	0.14				5.0 Years
Exercised/Cancelled				(4,128,000	)			0.08				—
Outstanding at December 31, 2017				48,164,543			$	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 years ended December 31, 2017 and 2016 using the Black Scholes Method and the following assumptions:

		2017		2016
Expected Volatility		79.0% to 93.0%		79.0% to 93.0%
Expected Term		2.5 – 5.9 Years		2.5 to 5.9 Years
Risk Free Rate		1.16% to 1.49%		1.16% to 1.49%
Dividend Rate		0.00%		0.00%

Schedule of outstanding stock options

Activity related to stock options for the years ended December 31, 2017 and 2016 is summarized as follows:

			Number of Shares				Weighted Average Exercise Price				Weighted Average Contractual Term (Yrs.)				Aggregate Intrinsic Value

Outstanding as of January 1, 2016				47,800,000			$	0.32				8.7			$	7,698,650
Granted				40,000,000			$	0.32				10.0			$	7,475,000
Forfeited				(875,000	)		$	0.07				—			$	—
Outstanding as of December 31, 2016				86,925,000			$	0.21				9.5			$	10,023,400
Granted				21,250,000			$	0.11				10.0			$	2,868,750
Forfeited				(4,966,669	)		$	0.08				—			$	—
Outstanding as of December 31, 2017				103,208,331			$	0.19				8.3			$	11,457,291
Exercisable as of December 31, 2017				81,787,506			$	022				8 2			$	3,316,208

Schedule of stock option

The following table summarizes stock option information as of December 31, 2017:

Exercise Prices				Outstanding				Weighted Average Contractual Life				Exercisable
$	0.0001				3,500,000				7.8 Years				3,500,000
$	0.05				33,450,000				8.6 Years				25,020,838
$	0.10				27,250,000				8.8 Years				16,833,336
$	0.13				250,000				9.8 Years				—
$	0.15				5,258,331				7.6 Years				4,258,332
$	0.25				500,000				8.3 Years				300,000
$	0.29				1,000,000				9.3 Years				—
$	0.40				1,000,000				8.2 Years				1,000,000
	0.45				31,000,000				7.8 Years				30,875,000
	Total				103,208,331				8.3 Years				81,787,506

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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