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)
 9 Months Ended
Sep. 30, 2019
STOCK WARRANTS AND STOCK OPTIONS  
Schedule of fair value of non-employee stock/warrants
 
Sept. 30,
2019
 
Sept. 30,
2018
 
Exercise Price
 
$
0.0018664652- $0.0062
 
$
0.0042 - $0.0043
 
Dividend Yield
 
0
%
 
0
%
Volatility
 
134% - 138
%
 
141% - 144
%
Risk-free Interest Rate
 
1.83% – 2.53
%
 
2.65% – 2.68
%
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
 
$
0.0042 - 0.0190
 
4.06 Years
 
$
0.0066
 
$
-
 
Warrants Granted
 
7,882,392
 
$
0.0042- 0.0043
 
4.50 Years
 
$
0.0042
 
$
6,232
 
Warrants Exercised
 
-
 
-
 
Warrants Expired
 
-
 
-
 
Balance at September 30, 2018
 
24,003,003
 
$
0.0042-0.0190
 
3.70 Years
 
$
0.0058
 
$
-
 
 
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
 
25,685,423
 
$
0.0018664652- 0.062
 
4.50 Years
 
$
0.0037
 
$
161,129
 
Warrants Exercised
 
(34,535,165
)
 
$
0.00187 - $0.016
 
$
0.0049
 
Warrants Expired
 
(50,000
)
 
$
0.019
 
$
0.019
 
Balance at September 30, 2019
 
15,103,261
 
$
0.0040 - $0.0046
 
4.55 Years
 
$
0.0044
 
$
85,158
 
Exercisable at December 31, 2018
 
24,003,003
 
$
0.0042 - 0.0190
 
3.45 Years
 
$
0.0058
 
$
-
 
Exercisable at Sept. 30,2019
 
15,103,261
 
$
0.0040- $0.0046
 
4.55 Years
 
$
0.0044
 
$
85,158
 
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
 
450,000
 
$
0.01
 
Options Cancelled
 
-
 
-
 
Options Expired
 
-
 
-
 
Balance at September 30, 2018
 
1,775,000
 
$
0.0045 – 0.25
 
2.57 Years
 
$
0.0083
 
$
-
 
 
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
 
1,500,000
 
$
0.0045
 
$
0.0045
 
Options Expired
 
-
 
-
 
Balance at September 30, 2019
 
275,000
 
$
0.007–0.25
 
0.07 Years
 
$
0.0291
 
$
-
 
Exercisable at December 31, 2018
 
1,775,000
 
$
0.0045-0.25
 
2.32 Years
 
$
0.0083
 
$
-
 
Exercisable at Sept. 30, 2019
 
275,000
 
$
0.007-0.25
 
0.07 Years
 
$
0.0291
 
$
-