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Stock Options (Tables)
6 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Summary of Stock Option Activity

A summary of stock option activity for the six months ended September 30, 2017 is summarized below:

 

    September 30, 2017
    Number of Options     Weighted Average Exercise Price  
Stock Options:                
Balance at beginning of period     1,970,000     $ 0.19  
Granted     480,000       0.49  
Exercised     -       -  
Forfeited     -       -  
Balance at end of period     2,450,000     $ 0.23  
                 
Options exercisable at end of period     1,970,000     $ 0.17  

Schedule of Employee Stock Options Outstanding

The following table summarizes information about employee stock options outstanding at September 30, 2017:

 

Range of Exercise Price   Number Outstanding at
September 30, 2017
    Weighted Average Remaining Contractural Life     Weighted Average Exercise Price     Number 
Exercisable at
September 30, 2017
    Weighted Average Exercise Price  
$.03 - $.33     1,850,000       5.1       0.15       1,850,000       0.15  
$.45 - $.93     600,000       5.9       0.48       120,000       0.45  
*     2,450,000                       1,970,000