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)
6 Months Ended
Jun. 30, 2019
STOCK WARRANTS AND STOCK OPTIONS (Tables)  
Schedule of fair value of non-employee stock/warrants

 

 

June 30,

2019

 

June 30,

2018

 

Exercise Price

 

$

0.00188664652 - $0.0062

 

$

0.0042 - $0.0043

 

Dividend Yield

 

0

%

 

0

%

Volatility

 

135% - 138

%

 

141% - 144

%

Risk-free Interest Rate

 

2.31% – 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

 

4.75 Years

 

$

0.0042

 

$

45,644

 

Warrants Exercised

 

-

 

-

 

Warrants Expired

 

-

 

-

 

Balance at June 30, 2018

 

24,003,003

 

$

0.0042-0.0190

 

3.95 Years

 

$

0.0058

 

$

100,246

 

 

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

 

16,582,162

 

$

0.0018664652- 0.0062

 

4.72 Years

 

$

0.0032

 

$

22,428

 

Warrants Exercised

 

-

 

-

 

Warrants Expired

 

50,000

 

$

0.019

 

$

0.019

 

Balance at June 30, 2019

 

40,535,165

 

$

0.0018664652-0.016

 

3.68 Years

 

$

0.0048

 

$

-

 

Exercisable at December 31, 2018

 

24,003,003

 

$

0.0042 - 0.0190

 

3.45 Years

 

$

0.0058

 

$

-

 

Exercisable at June 30, 2019

 

40,535,165

 

$

0.0018664652 - 0.0160

 

3.68 Years

 

$

0.0048

 

$

-

 

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 June 30, 2018

 

1,775,000

 

$

0.0045–0.25

 

3.00 Years

 

$

0.0083

 

$

3,000

 

Weighted

 

Weighted

 

Options

 

Average

 

Average

 

Outstanding

 

Exercise

 

Remaining

 

Exercise

 

Aggregate

 

Number of

 

PricePer

 

Contractual

 

PricePer

 

Intrinsic

 

Shares

 

Share

 

Life

 

Share

 

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 June 30, 2019

 

275,000

 

$

0.007–0.25

 

0.32 Years

 

$

0.0291

 

$

-

 

Exercisable at December 31, 2018

 

1,775,000

 

$

0.0045-0.25

 

2.32 Years

 

$

0.0083

 

$

-

 

Exercisable at June 30, 2019

 

275,000

 

$

0.007-0.25

 

0.32 Years

 

$

0.0291

 

$

-