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10 OPTIONS (Tables)
6 Months Ended
Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Options

 

    Number of Shares     Weighted Avg. Exercise Price  
Options outstanding at December 31, 2015     150,000       2.67  
Granted       760,500     $ 6.86  
Exercised            
Cancelled / Expired     55,000       4.19  
Outstanding at June 30, 2016      855,500     $ 6.30  

Outstanding and Exercisable Options

 

Average
Exercise Price
  Number of
Shares
  Remaining
Average
Contractual
Life
(in years)
  Exercise
Price
times
number of
Shares
  Weighted
Average
Exercise
Price
  Intrinsic
Value
 
  $ 6.30       855,500       4.53     $ 5,389,650     $ 6.30     $ 451,000