Annual report pursuant to Section 13 and 15(d)

SHARE-BASED COMPENSATION (Details Narrative)

v3.7.0.1
SHARE-BASED COMPENSATION (Details Narrative) - USD ($)
12 Months Ended
Dec. 31, 2016
Jul. 15, 2015
Mar. 31, 2017
Mar. 31, 2016
Mar. 22, 2017
Shares issued as compensation 19,010   22,131    
Stock grants fair value on date of grant $ 23,572   $ 72,035    
Reverse stock split  

1-for-25 reverse stock split of all of the outstanding shares of the Company’s common stock which was effective on July 15, 2015.

     
Stock option compensation expense     $ 19,266 $ 61,202  
Number of options expired during the period     3,000 2,000  
Unrecognized compensation expense - nonvested options     $ 11,238    
Unrecognized compensation expense period     7 years 2 months    
2014 Amended and Restated Plan [Member]          
Shares authorized under incentive plan         905,000
2014 Stock Incentive And Amended Plan [Member]          
Number of shares available for issuance         1,000,000
2014 Amended Plan [Member]          
Shares authorized under incentive plan     55,000    
Number of shares available for issuance     95,000    
2014 Stock Incentive Plan [Member]          
Shares authorized under incentive plan     40,000    
Number of shares available for issuance     6,713    
2012 Stock Incentive Plan [Member]          
Shares authorized under incentive plan     60,000    
Number of shares available for issuance     3,000    
2010 Stock Incentive Plan [Member]          
Shares authorized under incentive plan     36,000    
Number of shares available for issuance     128