Quarterly report pursuant to Section 13 or 15(d)

Common Stock Transactions (Narrative) (Details)

v3.5.0.2
Common Stock Transactions (Narrative) (Details) - USD ($)
1 Months Ended 9 Months Ended
Aug. 31, 2016
Aug. 31, 2015
Feb. 28, 2015
Sep. 30, 2016
Sep. 30, 2015
Stock issued to consultants for services, value       $ 533,833  
Share based compensation       253,595 $ 879,183
Common stock issued for cash, value       $ 19,000  
No of shares vested       245,834  
Recognized compensation expense       $ 247,500  
Unvested compensation shares not yet recognized       83,333  
Unvested compensation costs not yet recognized       $ 54,350  
Unvested compensation expected recognition period      

It will be recognized in the remainder of fiscal year 2016 and in fiscal 2017.

 
Stock options granted        
Stock Options [Member]          
Fair value of stock option at grant date $ 200,575        
Recognized compensation expense       $ 25,020  
Stock options granted 7,500,000        
Stock options terms

Exercise price of $1.00, $2.50 and $5.00. The options are fully vested upon grant but are only exercisable in three tranches starting in January 2017, 2018 and 2019. These options will expire starting in December 2017 through December 2019.

       
Future unamortized cost       $ 176,000  
Closing stock price       $ 0.65  
Exercise price terms      

As all outstanding options had an exercise price greater than $0.65 per share.

 
Intrinsic value of stock price       $ 0  
Restricted Common Stock [Member] | Employment Agreement [Member]          
Fair value of stock at grant date   $ 37,000      
No of stock or warrants granted   100,000      
Stock or warrants vesting period   1 year      
Restricted Common Stock [Member] | Consultants [Member]          
Stock issued to consultants for services, shares       1,981,598  
Stock issued to consultants for services, value       $ 533,833  
Share based compensation       533,833  
Restricted Common Stock [Member] | Consultants [Member]          
Share based compensation       $ 4,000  
Common stock issued for cash, shares       100,000  
Common stock issued for cash, value       $ 15,000  
Fair value of stock option at grant date       $ 19,000  
Restricted Common Stock [Member] | Consulting Agreement [Member]          
No of stock or warrants granted     500,000    
Stock or warrants vesting period     24 months