Quarterly report pursuant to Section 13 or 15(d)

STOCK BASED COMPENSATION (Tables)

v3.7.0.1
STOCK BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2017
Successor [Member]  
Schedule of options outstanding and changes during the period

The following represents a summary of the Options outstanding at June 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 June 30, 2017     10,000,000   $ 0.005   $ 700,000  
Exercisable at June 30, 2017     10,000,000   $ —   $ —  

 

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