Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

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Stockholders' Equity (Tables)
 9 Months Ended
Sep. 30, 2015
Stockholders' Equity [Abstract]  
Schedule of stock option activity

 		             Weighted Average     Aggregate  
      Stock Options     Exercise Price     Fair Value     Contractual     Intrinsic  
      Outstanding     Exercisable     Outstanding     Exercisable     Vested     Life (Years)     Value  
  Balance – December 31, 2014     2,609,811       459,437     $ 0.38     $ 0.17     $ 0.17       9.57     $ -  
  Granted     1,104,820       786,696       1.00       1.00       0.38       3.37       -  
  Exercised     (55,548 )     (55,548 )     -       -       -       -       -  
  Cancelled     -       -       -       -       -       -       -  
  Balance – September 30, 2015     3,659,083       1,584,567     $ 0.66     $ 0.32     $ 0.32       7.29     $ 1,801,898  
Schedule of stock options outstanding and exercisable
          Weighted   Weighted           Weighted  
  Exercise     Number     Average Remaining   Average     Number     Average  
  Price     Outstanding     Contractual Term   Exercise Price     Exercisable     Exercise Price  
                                           
  $ 0.05       72,876     6.51 years   $ 0.05       66,802     $ 0.05  
  $ 0.26       1,061,248     8.53 years   $ 0.26       682,450     $ 0.26  
  $ 0.73       1,475,687     9.13 years   $ 0.73       104,167     $ 0.73  
  $ 1.00       1,049,272     3.51 years   $ 1.00       731,148     $ 1.00  
    Totals       3,659,083                   1,584,567          

 

The 1,049,272 options with an exercise price of $1.00 includes 318,124 stock options granted to employees and consultants and 731,148 unit options granted to the agents that took part in the IPO (See “Agent’s Compensation Options” below).