NOTE 8 EQUITY TRANSACTIONS (Tables)

9 Months Ended

Sep. 30, 2017

Disclosure Text Block Supplement [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

During 2017, the Company estimated the fair value of the stock options at the date of each grant based on the following weighted average assumptions:

Risk-free interest rate	1.36% to 1.99			%
Expected life	5 years
Expected volatility		98.38% to 101.86		%
Dividend yield			0.00	%

Share-based Compensation, Stock Options, Activity [Table Text Block]

The following is a summary of the status of the Company’s outstanding options as of September 30, 2017 and changes during the nine months then ended:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
As of December 31, 2016		20,715,000		$	0.143		2.08	$	261,220
Granted		6,900,000			0.097
Expired and canceled		(7,300,000	)		0.206
Exercised		-			-
As of September 30, 2017		20,315,000			0.105		3.69		-
Exercisable		19,740,000			0.105		3.65		-