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Stockholders’ Equity (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock Options Warrants

The following table summarizes information about warrants granted during the years ended December 31, 2016 and 2015:

 

    December 31, 2016     December 31, 2015  
    Number of
warrants
    Weighted
Average
Exercise Price
    Number of
warrants
    Weighted
Average
Exercise Price
 
                         
Balance, beginning of year     1,410,000       0.52       8,410,000       1.40  
                                 
Warrants granted     -       -       -       -  
Warrants expired     (5,000 )     (1.00 )     -       -  
Warrants cancelled, forfeited     -       -       (7,000,000 )     (1.57 )
Warrants exercised     -       -               -  
                                 
Balance, end of year     1,405,000       0.52       1,410,000       0.52  
                                 
Exercisable warrants     1,405,000       0.52       1,410,000       0.52  

Schedule of Outstanding Warrants

Outstanding warrants as at December 31, 2016 are as follows:

 

Range of Exercise Prices     Weighted Average residual life span
(in years)
    Outstanding Warrants     Weighted Average Exercise Price     Exercisable Warrants     Weighted Average Exercise Price  
                                 
  0.25       1.25       900,000       0.25       900,000       0.25  
                                             
  1.00       1.33       505,000       1.00       505,000       1.00  
                                             
  0.25 to 1.00       1.28       1,405,000       0.52       1,405,000       0.52  

Schedule of Warrants Outstanding, Expiry Date and Exercise Prices

Warrants outstanding at the end of the year have the following expiry date and exercise prices:

 

Expiry Date   Exercise Prices     December 31, 2016     December 31, 2015  
                   
July 10, 2016     1.00       -       5,000  
March 22, 2018     1.00       300,000       300,000  
April 1, 2018     0.25       900,000       900,000  
April 30, 2018     1.00       5,000       5,000  
July 10, 2018     1.00       200,000       200,000  
                         
              1,405,000       1,410,000  

Schedule of Stock Options Granted

The following table summarizes information about stock options granted during the years ended December 31, 2016 and 2015:

 

    December 31, 2016     December 31, 2015  
    Number of
stock options
    Weighted
Average
Exercise Price
    Number of
stock options
    Weighted
Average
Exercise Price
 
                         
Balance, beginning of year     6,044,000       0.50       9,300,000       0.50  
                                 
Stock options granted     -       -       144,000       0.36  
Stock options expired     -       -       -       -  
Stock options cancelled, forfeited     (3,400,000 )     (0.50 )     (3,400,000 )     (0.50 )
Stock options exercised     -       -       -       -  
                                 
Balance, end of year     2,644,000       0.49       6,044,000       0.50  
                                 
Exercisable stock options     1,925,250       0.49       1,950,250       0.49  

Schedule of Outstanding Stock Options

Outstanding stock options as at December 31, 2016 are as follows:

 

Range of Exercise Prices     Weighted Average residual life span
(in years)
    Outstanding Stock Options     Weighted Average Exercise Price     Exercisable Stock Options     Weighted Average Exercise Price  
                                 
  0.33 to 0.38       1.29       144,000       0.36       144,000       0.36  
                                             
  0.50       7.89       2,500,000       0.50       1,781,250       0.50  
                                             
  0.33 to 0.50       7.53       2,644,000       0.49       1,925,250       0.49  

Schedule of Stock Options, Expiry Date and Exercise Prices

Stock options outstanding at the end of the year have the following expiry date and exercise prices:

 

Expiry Date   Exercise Prices     December 31, 2016     December 31, 2015  
                   
March 26, 2018     0.37       72,000       72,000  
April 27, 2018     0.38       36,000       36,000  
July 9, 2018     0.33       36,000       36,000  
November 20, 2024     1.00       1,781,250       1,806,250  
                         
              1,925,250       1,950,250  

Summary of Stock Compensation Expense

For the year ending December 31, 2016 and December 31, 2015, the Company recorded stock compensation expense relating to the vesting of stock options as follows;

 

    December 31,  
    2016     2015  
Board compensation expense   $ 28,880     $ 15,375  
Stock compensation     273,443       315,480  
Stock Option vesting     73,128       420,199  
Total   $ 375,451     $ 751,034