Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2014

The following table summarizes the Company's stock option activity for the three months ended March 31, 2014:

	Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (in Years)		Aggregate Intrinsic Value
Outstanding - December 31, 2013		-	$	-		-	$	0
Granted		187,000		3.45
Exercised		-		-
Forfeited or Canceled		-		-
Outstanding - March 31, 2014		187,000	$	3.45		10.0	$	0

Exercisable - March 31, 2014		-		-		-	$	0

A summary of the changes in the Company's unvested stock options is as follows:

	Number of Options		Weighted Average Grant Date Fair Value
Unvested - December 31, 2013		-	$	-
Granted		187,000		1.65
Vested		-		-
Forfeited or Canceled		-		-
Unvested - March 31, 2014		187,000	$	1.65

These options had a fair value of $308,350 using the Black-Sholes option-pricing model with the following assumptions: