Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' DEFICIT (Tables)

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STOCKHOLDERS' DEFICIT (Tables)
9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Outstanding stock options

 

    Nine months ended September 30, 2014  
    Number of Options     Weighted Average Exercise Price  
 Balance at January 1, 2014     -     $ -  
 Granted     60,000       0.0001  
                 
                 
 Balance at September 30, 2014     60,000     $ 0.0001  
 Options exercisable at September 30, 2014     60,000       0.0001  
Options exercisable at end of period     60,000     $ 0.0001  
 Weighted average fair value of options granted during the period             3.00  

 

Stock warrants outstanding

 

Warrants Outstanding     Warrants Exercisable  

Exercise

Price

    Number Outstanding at September 30, 2014   Weighted Average Remaining Contractual Life   Weighted Average Exercise Price     Number Exercisable at September 30, 2014     Weighted Average Exercise Price  
$ 3.75       240,000    0.31 Years   $ 3.75       240,000     $ 3.75  
  4.50       5,000    2.61 Years     4.50       5,000       4.50  
$ 3.75       245,000    1.36 Years   $ 3.75       245,000     $ 3.75