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13 - OPTIONS (Tables)
12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Number of shares outstanding

 

    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     (160,000 )     5.41  
Outstanding at December 31, 2016      965,700     $ 6.38  

 

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       3.40     $ 200,000     $ 2.00     $ 451,000