Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK AWARD PLAN (Tables)

v3.8.0.1
EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK AWARD PLAN (Tables)
3 Months Ended
Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of the stock option activity as of March 31, 2018, and changes during the three months then ended is as follows:
 
 
 
 
 
 
 
 
Weighted-
 
 
 
 
 
 
 
 
 
Weighted-
 
Average
 
 
 
 
 
 
 
 
 
Average
 
Remaining
 
Aggregate
 
 
 
 
 
 
Exercise
 
Contractual
 
Intrinsic
 
 
 
Shares
 
Price
 
Term
 
Value
 
Outstanding, December 31, 2017
 
 
3,193,000
 
$
6.07
 
 
 
 
 
 
Granted
 
 
-
 
$
-
 
 
 
 
 
 
Forfeited or rescinded
 
 
-
 
$
-
 
 
 
 
 
 
Vested
 
 
-
 
$
-
 
 
 
 
 
 
Outstanding, March 31, 2018
 
 
3,193,000
 
$
6.07
 
5.8 Years
 
$
23,557,935
 
Exercisable, March 31, 2018
 
 
2,401,900
 
$
4.82
 
5.0 Years
 
 
 
 
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]
A summary of the restricted stock activity as of March 31, 2018, and changes during the three months then ended is as follows:
 
 
 
Restricted stock
 
Weighted-Average 
Grant Date Fair 
Value
 
Outstanding, December 31, 2017
 
 
330,900
 
$
13.44
 
Granted
 
 
-
 
 
-
 
Forfeited or rescinded
 
 
-
 
 
-
 
Vested
 
 
-
 
 
-
 
Outstanding, March 31, 2018
 
 
330,900
 
$
13.44