Quarterly report pursuant to Section 13 or 15(d)

STOCK OPTIONS, WARRANTS AND RESTRICTED STOCK UNITS (Tables)

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STOCK OPTIONS, WARRANTS AND RESTRICTED STOCK UNITS (Tables)
9 Months Ended
Sep. 30, 2018
Stock Option [Member]  
Schedule of Options Outstanding And Related Exercise Prices

The following table presents information related to stock options at September 30, 2018:

 

Options Outstanding    
Exercise
Price
  Number of
Options
  Weighted Average
Remaining Life in Years
  Exercisable Number
of Options
$ 1.35       3,000,000       5.25        
                             

 

Schedule of Share-based Compensation, Stock Options, Activity

Transactions involving stock options issued are summarized as follows:

 

    Number of 
Shares
  Weighted 
Average Price 
Per Share
Outstanding at December 31, 2017       3,000,000       1.35  
Granted              
Exercised              
Expired              
Outstanding at September 30, 2018       3,000,000     $ 1.35  

 

Restricted Stock Units (RSU) [Member]  
Schedule of Share-based Compensation, Stock Options, Activity

Transactions involving restricted stock units issued are summarized as follows:

 

Restricted share units as of December 31, 2017       921,100  
Granted       443,386  
Forfeited       (71,667 )
Unvested restricted shares as of September 30, 2018       1,292,819