Transactions Affecting Stockholders' Equity (Details Narrative) - $ / shares |
3 Months Ended | |||||
---|---|---|---|---|---|---|
Jul. 30, 2015 |
Mar. 31, 2017 |
Dec. 31, 2016 |
May 24, 2016 |
Dec. 11, 2015 |
May 05, 2010 |
|
Common stock, shares authorized | 50,000,000 | 50,000,000 | ||||
Preferred stock, shares authorized | 1,000,000 | 1,000,000 | ||||
Preferred stock, par value | $ 0.0005 | $ 0.0005 | ||||
Common stock right's exercise price | $ 1.35 | |||||
Equity method investment ownership percentage | 50.00% | |||||
Common stock, shares issued | 26,364,593 | 26,313,593 | ||||
2015 Equity Line of Credit [Member] | Dutchess [Member] | ||||||
Stock issued during period shares | 3,200,000 | |||||
Maximum number of shares of draw down notice | 500,000 | |||||
Derivative transaction, conditions description | The purchase price shall be set at ninety-five percent (95%) of the volume weighted average price (VWAP) of the Common Stock during the one trading day immediately following our put notice. We have the right to withdraw all or any portion of any put, except that portion of the put that has already been sold to a third party, including any portion of a put that is below the minimum acceptable price set forth on the put notice, before the closing. In the event Dutchess receives more than a five percent (5%) return on the net sales for a specific put, Dutchess must remit such excess proceeds to us; however, in the event Dutchess receives less than a five percent (5%) return on the net sales for a specific put, Dutchess will have the right to deduct from the proceeds of the put amount on the applicable closing date so Dutchess’s return will equal five percent (5%). | |||||
Number of shares beneficially held maximum percentage | 4.99% | |||||
Available for sale, shares | 2,450,000 | |||||
Chairman and Chief Executive Officer [Member] | Rights Agreement [Member] | ||||||
Equity method investment ownership percentage required for rights exercisable under right agreement | 20.00% | |||||
Stockholder Rights Plan [Member] | ||||||
Common stock right's exercise price | $ 45 | |||||
Equity method investment ownership percentage required for rights exercisable under right agreement | 15.00% | |||||
Percentage of discount on exercise of right | 50.00% | |||||
Rights agreement expiration date | Jun. 18, 2024 | |||||
2010 Equity Compensation Plan [Member] | ||||||
Plan provides total number of shares of common stock issued | 700,000 | 3,200,000 | ||||
Options outstanding - shares | 1,699,000 | |||||
2010 Equity Compensation Plan [Member] | Equity Option [Member] | ||||||
Available for grant, shares | 733,659 | |||||
1997 Equity Compensation Plan [Member] | ||||||
Plan provides total number of shares of common stock issued | 900,000 | |||||
2010 Directors' Equity Compensation Plan [Member] | ||||||
Number of shares issued during period | 425,000 | |||||
Common stock, shares issued | 147,808 |