Quarterly report pursuant to Section 13 or 15(d)

STOCK WARRANTS AND STOCK OPTIONS (Tables)

v3.19.3.a.u2
STOCK WARRANTS AND STOCK OPTIONS (Tables)
3 Months Ended
Mar. 31, 2019
STOCK WARRANTS AND STOCK OPTIONS (Tables)  
Schedule of fair value of non-employee stock/warrants

 

 

Mar. 31, 2019

 

Mar. 31, 2018

 

Exercise Price

 

$

0.00188664652 - $0.0114

 

$0.0042 - $0.0043

 

Dividend Yield

 

0

%

 

0

%

Volatility

 

135% - 138

 

144

%

Risk-free Interest Rate

 

2.31% – 2.53

 

2.65% – 2.67

%

Expected Life of Options

 

5 Years

 

5 Years

 

Schedule of outstanding warrants

 

 

Warrants

Outstanding

Number of

Shares

 

Exercise

Price Per

Share

 

Weighted

Average

Remaining

Contractual Life

 

Weighted

Average

Exercise

Price Per Share

 

Aggregate

Intrinsic

Value

 

Balance at December 31, 2017

 

16,120,611

 

$

0.0044 - 0.0190

 

4.06 Years

 

$

0.0066

 

$

-

 

Warrants Granted

 

2,882,392

 

$

0.0042- 0.0043

 

4.91 Years

 

$

0.0042

 

$

288

 

Warrants Exercised

 

-

 

-

 

Warrants Expired

 

-

 

-

 

Balance at March 31, 2018

 

19,003,003

 

$

0.0042-0.0190

 

3.98 Years

 

$

0.0063

 

$

-

 

 

Warrants

Outstanding

Number of

Shares

 

Exercise

Price Per

Share

 

Weighted

Average

Remaining

Contractual Life

 

Weighted

Average

Exercise Price Per Share

 

Aggregate

Intrinsic Value

 

Balance at December 31, 2018

 

24,003,003

 

$0.0042 - 0.0190

 

3.45 Years

 

$

0.0058

 

$

-

 

Warrants Granted

 

10,582,162

 

$

0.0018664652- 0.0062

 

4.93 Years

 

$

0.0028

 

$

13,537

 

Warrants Exercised

 

-

 

-

 

Warrants Expired

 

-

 

-

 

Balance at March 31, 2019

 

34,585,165

 

$

0.0018664652-0.0190

 

3.73 Years

 

$

0.0049

 

$

-

 

Exercisable at December 31, 2018

 

24,003,003

 

$

0.0042 - 0.0190

 

3.45 Years

 

$

0.0058

 

$

-

 

Exercisable at March 31, 2019

 

34,585,165

 

$

0.0018664652 - 0.0190

 

3.73 Years

 

$

0.0049

 

$

-

 

Schedule of outstanding options

 

 

Options

Outstanding

Number of

Shares

 

Exercise

Price Per

Share

 

Weighted

Average Remaining Contractual Life

 

Weighted

Average

Exercise

Price Per Share

 

Aggregate

Intrinsic Value

 

Balance at December 31, 2017

 

2,225,000

 

$

0.0045 - 0.25

 

3.00 Years

 

$

0.0204

 

$

-

 

Options Granted

 

-

 

-

 

Options Exercised

 

-

 

-

 

Options Cancelled

 

-

 

-

 

Options Expired

 

-

 

-

 

Balance at March 31, 2018

 

2,225,000

 

$

0.0045 – 0.25

 

2.76 Years

 

$

0.0204

 

$

-

 

 

Options

Outstanding

Number of

Shares

 

Exercise

Price Per

Share

 

Weighted

Average

Remaining Contractual Life

 

Weighted

Average

Exercise

Price Per Share

 

Aggregate

Intrinsic Value

 

Balance at December 31, 2018

 

1,775,000

 

$

0.0045 - 0.25

 

2.32 Years

 

$

0.0083

 

$

-

 

Options Granted

 

-

 

-

 

Options Exercised

 

-

 

-

 

Options Cancelled

 

-

 

-

 

Options Expired

 

-

 

-

 

Balance at March 31, 2019

 

1,775,000

 

$

0.0045 – 0.25

 

2.07 Years

 

$

0.0083

 

$

-

 

Exercisable at December 31, 2018

 

1,775,000

 

$

0.0045 - 0.25

 

2.32 Years

 

$

0.0083

 

$

-

 

Exercisable at March 31, 2019

 

1,775,000

 

$

0.0045 - 0.25

 

2.07 Years

 

$

0.0083

 

$

-