Annual report pursuant to Section 13 and 15(d)

Employee Stock Options (Details 1)

v3.6.0.2
Employee Stock Options (Details 1) - Employee Stock Option [Member] - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Number of Options    
Outstanding - Beginning Balance 392,500
Exercisable - Beginning Balance 355,000
Granted 65,000 842,500
Exercised or Vested
Cancelled or Expired (15,000) (450,000)
Outstanding - Ending Balance 442,500 392,500
Exercisable - Ending Balance 407,500 355,000
Weighted Average Exercise Price    
Weighted Average Exercise Price, Outstanding Begining balance $ 6.19 $ 0.00
Weighted Average Exercise Price, Exercisable - begining balance 5.70 0.00
Weighted Average Exercise Price, Granted 2.99 7.04
Weighted Average Exercise Price, Exercised or Vested 0.00 0.00
Weighted Average Exercise Price, Cancelled or Expired 3.61 7.78
Weighted Average Exercise Price, Outstanding - Endining balance 5.81 6.19
Weighted Average Exercise Price, Exercisable - Endining balance $ 5.57 $ 5.70
Contractual Life in Years, Outstanding 1 year 8 months 19 days 2 years 7 months 13 days
Contractual Life in Years, Exercisable 1 year 7 months 24 days 2 years 6 months 18 days
Aggregate Intrinsic Value, Exercisable - Begining balance $ 0.00 $ 0.00
Aggregate Intrinsic Value, Exercisable - Ending balance $ 0.00 $ 0.00