Quarterly report pursuant to Section 13 or 15(d)

12. Warrants (Tables)

v3.5.0.2
12. Warrants (Tables)
6 Months Ended
Jun. 30, 2016
Warrants and Rights Note Disclosure [Abstract]  
Schedule of warrant activity
    Warrants Outstanding Number of Shares   Exercise Price per Share   Weighted Average Remaining Contractual Life   Weighted Average Exercise Price per Share   Aggregate Intrinsic Value  
Balance at December 31, 2015   5,055,000   $ 1.10-2.00   4.75 years   $ 1.16   $ –  
Warrants Granted   –     –   –     –     –  
Warrants Exercised   75,000     –   –     –     –  
Warrants Expired   –     –   –     –     –  
Balance at June 30, 2016   4,980,000   $ 1.10-2.00   4.25 years   $ 1.16   $ 5,016,000  
                             
Exercisable December 31, 2015   5,055,000   $ 1.10-2.00   4.75 years   $ 1.16   $ -  
Exercisable June 30, 2016   4,980,000   $ 1.10-2.00   4.25 years   $ 1.16   $ 5,016,100