Quarterly report pursuant to Section 13 or 15(d)

STOCK BASED COMPENSATION (Tables)

v3.8.0.1
STOCK BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2017
Successor [Member]  
Schedule of options outstanding and changes during the period

The following represents a summary of the Options outstanding at September 30, 2017 and changes during the period then ended:

 

    Options     Weighted Average Exercise Price     Aggregate Intrinsic Value *  
Outstanding at December 31, 2016     10,000,000     $ 0.005     $ 1,100,000  
Granted                  
Exercised                  
Expired/Forfeited                  
Outstanding at September 30, 2017     10,000,000     $ 0.005     $ 1,600,000  
Exercisable at September 30, 2017     10,000,000     $     $  
                         
Expected to be vested     10,000,000     $ 0.005     $  

  

* Based on the Company’s stock price on September 30, 2017 (Successor) and December 31, 2016 (Successor), respectively.