Annual report pursuant to Section 13 and 15(d)

STOCK WARRANTS AND STOCK OPTIONS (Tables)

v3.20.1
STOCK WARRANTS AND STOCK OPTIONS (Tables)
12 Months Ended
Dec. 31, 2019
STOCK WARRANTS AND STOCK OPTIONS  
Schedule of fair value of non-employee stock/warrants

 

 

Dec. 31,

2019

 

 

Dec. 31,

2018

 

Exercise Price

 

$

.0040-$0.03125

 

 

$

0.0042-$0.0043

 

Dividend Yield

 

 

0 %

 

 

0 %

Volatility

 

 134% - 167

%

 

 141% - 144

%

Risk-free Interest Rate

 

 1.69% – 2.40

%

 

 2.65% – 2.68

%

Life of warrants

 

 .038 - 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

 

 

4.25 Years

 

$ 0.0042

 

 

$ -

 

Warrants Exercised

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

Warrants Expired

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2018

 

 

24,003,003

 

 

$

0.0042-0.0190

 

 

3.45 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

 

 

30,485,423

 

 

$

0.0018664652- 0.0062

 

 

3.97 Years

 

$ 0.0086

 

 

$ 2,022,912

 

Warrants Exercised

 

 

(34,535,165

 

$0.0043 - $0.0045

 

 

 

 

$ 0.0044

 

 

 

 

 

Warrants Expired

 

 

(50,000

 

$ 0.019

 

 

 

 

$ 0.0190

 

 

 

 

 

Balance at December 31, 2019

 

 

19,903,261

 

 

$

 0.0040 - $0.03125

 

 

3.97 Years

 

$ 0.0108

 

 

$ 1,276,870

 

Exercisable at December 31, 2018

 

 

24,003,003

 

 

$

 0.0042 - 0.0190

 

 

3.45 Years

 

$ 0.0057

 

 

$ -

 

Exercisable at December 31, 2019

 

 

19,903,261

 

 

$

0.0040- $0.03125

 

 

3.97 Years

 

$ 0.0108

 

 

$ 1,276,870

 

  

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 December 31, 2018

1,775,000

$

0.0045 – 0.25

2.32 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

79,200,000

$

0.00792 - 0.03125

9.00 Years

$

0.0089

$

5,238,080

Options Exercised

-

-

Options Cancelled

(1,500,000

)

$

0.0045

$

0.0045

Options Expired

(275,000

)

$

0.007 - 0.25

9.00 Years

$

0.0291

Balance at December 31, 2019

79,200,000

$

0.00792 - 0.03125

$

0.0089

$

5,238,080

Exercisable at December 31, 2018

1,775,000

$

0.0045 - 0.25

2.32 Years

$

0.0083

$

-

Exercisable at December 31,2019

17,955,286

$

0.00792 - 0.03125

9.00 Years

$

0.0136

$

807,801