Annual report pursuant to Section 13 and 15(d)

STOCK WARRANTS AND STOCK OPTIONS (Tables)

v3.19.2
STOCK WARRANTS AND STOCK OPTIONS (Tables)
12 Months Ended
Dec. 31, 2018
STOCK WARRANTS AND STOCK OPTIONS (Tables)  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

 

Dec. 31,

2018

 

Dec. 31,

2017

 

Exercise Price

 

$

0.0042 - $0.0043

 

$

0.0035 - $0.0190

 

Dividend Yield

 

0

%

 

0

%

Volatility

 

141% - 144

%

 

143% - 167

%

Risk-free Interest Rate

 

2.65% 2.68

%

 

1.12% 2.16

%

Expected Life of Options

 

5 Years

 

5 Years

 

Schedule of Stock Options/Warrants Roll Forward

 

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, 2016

 

39,159,476

 

$0.0035 - 0.0190

 

3.20 Years

 

$

0.0041

 

$

78,319

 

Warrants Granted

 

9,210,067

 

$0.044 - .0160

 

4.44 Years

 

$

0.0064

 

Warrants Exercised

 

32,248,932

 

$

0.0035

 

Warrants Expired

 

-

 

-

 

Balance at December 31, 2017

 

16,120,611

 

$0.0044 - 0.0190

 

4.06 Years

 

$

0.0066

 

$

(51,586

)

Warrants Granted

 

7,882,392

 

$0.0042 - 0.0043

 

4.25 Years

 

$

0.0042

 

$

(15,839

)

Warrants Exercised

 

-

 

-

 

Warrants Expired

 

-

 

-

 

Balance at December 31, 2018

 

24,003,003

 

$0.0042 - 0.0190

 

3.45 Years

 

$

0.0058

 

$

(86,978

)

 

Exercisable at December 31, 2017

 

16,120,611

 

$0.0044 - 0.0190

 

4.06 Years

 

$

0.0066

 

$

(51,586

)

Exercisable at December 31, 2018

 

24,003,003

 

$0.0042 - 0.0190

 

3.45 Years

 

$

0.0058

 

$

(86,978

)