Quarterly report pursuant to Section 13 or 15(d)

Equity (Tables)

v3.7.0.1
Equity (Tables)
3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following is a summary of option activities for the periods ended December 31, 2016 and the three months ended 2017:
 
 
 
 
 
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Average
 
 
 
 
 
 
 
 
Weighted
 
Weighted
 
Remaining
 
 
 
 
 
 
 
 
Average
 
Average
 
Contractual
 
Aggregate
 
 
 
Number of
 
Grant Date
 
Exercise
 
Term
 
Intrinsic
 
 
 
Shares
 
Fair Value
 
Price
 
(in years)
 
Value
 
Outstanding, December 31, 2015
 
 
200,000
 
$
0.14
 
$
0.20
 
 
 
 
 
 
 
Granted  - 2016
 
 
460,000
 
 
3.75
 
 
5.83
 
 
 
 
 
 
 
Cancelled
 
 
(150,000)
 
 
0.14
 
 
0.20
 
 
 
 
 
 
 
Outstanding, December 31, 2016
 
 
510,000
 
$
3.40
 
$
5.28
 
 
9.29
 
$
48,500
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Granted  - Q1 2017
 
 
20,000
 
$
1 .76
 
$
2.31
 
 
 
 
 
 
 
Cancelled – Q1 2017
 
 
-
 
 
 
 
 
 
 
 
 
 
Outstanding, March 31, 2017
 
 
530,000
 
$
3.33
 
$
5.17
 
 
8.82
 
$
48,500
 
Exercisable, March 31, 2017
 
 
50,000
 
$
0.14
 
$
0.20
 
 
3.17
 
$
48,500