Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.4.0.3
STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2016
Stock-based Compensation Tables  
Schedule of stock option
  Three Months Ended March 31, 2015

 

Risk-free interest rates

Expected option life in years

Expected stock price volatility

Expected dividend yield

1.39%

5 years

30.24%

  -0-

Schedule of information of stock options outstanding and exercisable
            Weighted        
        Weighted   Average       Weighted
Range of       Average   Remaining       Average
Exercise   Options   Exercise   Life in   Options   Exercise
    Price       Outstanding       Price           Years       Exercisable       Price    
                     
$0.83 - $2.34   2,410,000   $1.29   3.40   2,410,000   $1.29
Outstanding warrants to puchase shares
  Number of   Exercise    
  Warrants   Price   Expiration Date
           
  250,000   $2.10   May 21, 2018
  250,000   $1.40   May 21, 2018
  125,000   $2.10    July 26, 2018
  125,000   $1.40    July 26, 2018
Total       750,000