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9 OPTIONS (Tables)
9 Months Ended
Sep. 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       975,700     $ 6.79  
Exercised     -       -  
Cancelled / Expired     (55,000 )     4.19  
Outstanding at September 30, 2016      1,070,700     $ 6.34  

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
 
  $ 2.00       100,000       3.65     $ 200,000     $ 2.00     $ 500,000