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Stock Options (Tables)
3 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Summary of Stock Option Activity

A summary of stock option activity for the three months ended June 30, 2018 is summarized below:

 

    June 30, 2018  
    Number of Options     Weighted Average Exercise Price  
Stock Options:                
Balance at beginning of period     2,330,000     $ 0.22  
Granted     100,000     $ 0.55  
Exercised     -       -  
Forfeited     -       -  
Balance at end of period     2,430,000     $ 0.23  
                 
Options exercisable at end of period     2,330,000     $ 0.22

Schedule of Employee Stock Options Outstanding

The following table summarizes information about employee stock options outstanding at June 30, 2018

 

Range of Exercise Price     Number Outstanding at June 30, 2018     Weighted Average Remaining
Contractural Life
    Weighted Average Exercise Price     Number Exercisable at    June 30, 2018     Weighted Average Exercise Price  
  $.03 - $.33       1,850,000       4.4     $ 0.15       1,850,000     $ `0.15  
  $.45 - $.93       580,000       8.9     $ 0.48       480,000     $ 0.49  
  *       2,430,000                       2,330,000