Quarterly report pursuant to Section 13 or 15(d)

OPTIONS AND WARRANTS (Tables)

v3.5.0.2
OPTIONS AND WARRANTS (Tables)
3 Months Ended
Jun. 30, 2016
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
                Weighted-  
          Weighted-     Average  
          Average     Remaining  
    Number of     Exercise     Contractual  
    Shares     Price     Term  
                (years)  
Outstanding at March 31, 2015   343,400   $ 7.00     8.2  
Granted   4,310,000   $ 0.52     7.8  
Exercised   -   $   -     -  
Expired/Forfeited   -   $   -     -  
Outstanding at March 31, 2016   4,653,400   $ 0.92     7.7  
Granted   -   $   -     -  
Exercised   -   $   -     -  
Expired/Forfeited   -   $   -     -  
Outstanding at June 30, 2016   4,653,400   $ 0.92     7.3  
Exercisable at June 30, 2016   4,653,400   $ 0.92     7.3