Stock Options (Tables)

9 Months Ended

Dec. 31, 2017

Equity [Abstract]

Summary of Stock Option Activity

A summary of stock option activity for the nine months ended December 31, 2017 is summarized below:

	December 31, 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 December 31, 2017:

Range of Exercise Price	Number Outstanding at December 31, 2017		Weighted Average Remaining Contractural Life		Weighted Average Exercise Price		Number Exercisable at December 31, 2017		Weighted Average Exercise Price
$.03 - $.33		1,850,000		4.8	$	0.15		1,850,000	$	0.15
$.45 - $.93		600,000		5.6	$	0.48		120,000	$	0.45
		2,450,000						1,970,000