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STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2016
STOCKHOLDERS' EQUITY [Abstract]  
Information regarding awards under 2007 Stock Incentive Plan

The following table sets forth information regarding awards under our 2007 Stock Incentive Plan:

 

 

As of December 31, 2016
    Share
Grants
Approved
    Options
Outstanding
    Restricted
Stock Awards
Outstanding
    Restricted
Stock Units
Outstanding
    Shares
Available for
Award
 
2007 Stock Incentive Plan     10,000,000       -       -       -       343,067  
Total             -       -       -       343,067  
 
Schedule of Stock Option Activity

The following table summarizes the activity of our stock options for the years ended December 31, 2016, and 2015:

 

 

    Shares     Weighted Average
Exercise Price
 
             
Outstanding at December 31, 2014     32,000     $ 0.51  
                 
Granted     -     $ -  
Exercised     -     $ -  
Forfeited or expired     -     $ -  
Outstanding at December 31, 2015     32,000     $ 0.51  
                 
Granted     -     $ -  
Exercised     -     $ -  
Forfeited or expired     (32,000 )   $ 0.51  
Outstanding at December 31, 2016     -     $ -  
                 
Exercisable at December 31, 2016     -     $ -