Annual report pursuant to Section 13 and 15(d)

Warrants (Tables)

v3.20.1
Warrants (Tables)
12 Months Ended
Dec. 31, 2019
Warrants (Tables)  
Schedule of warrant

 

 

Number of

Shares

 

 

Weighted Average

Exercise

Price

 

 

Weighted Average Remaining Contractual Life (years)

 

 

Aggregate

Intrinsic

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2017

 

 

7,237,763

 

 

0.51

 

 

 

1.35

 

 

 

 

Grants

 

 

860,000

 

 

 

0.70

 

 

 

5.00

 

 

 

 

Expirations

 

 

(3,992,365 )

 

 

0.46

 

 

 

-

 

 

 

 

December 31, 2018

 

 

4,105,398

 

 

 

0.59

 

 

 

1.79

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Grants

 

 

3,600,000

 

 

 

0.70

 

 

 

5.00

 

 

 

 

 

Expirations

 

 

(2,015,020 )

 

 

0.69

 

 

 

-

 

 

 

 

 

December 31, 2019

 

 

5,690,378

 

 

 

0.63

 

 

 

3.72

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Warrants exercisable at:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

 

4,105,398

 

 

 

0.59

 

 

 

1.79

 

 

 

-

 

December 31, 2019

 

 

5,690,378

 

 

 

0.63

 

 

 

3.72

 

 

 

-

 

Schedule of common stock warrants outstanding

Outstanding

 

Exercisable

 

Exercise Price

 

Number

Outstanding

 

Weighted

 Average

 Remaining

Contractual

 Life (years)

 

Weighted

Average

Exercise

Price

 

Number

Exercisable

 

Weighted

Average

Exercise

Price

 

$

0.70

 

4,460,000

 

4.45

$

0.70

 

4,460,000

$

0.70

 

0.45

 

150,000

 

0.92

 

0.45

 

150,000

 

0.45

 

0.35

 

1,080,378

*

 

1.13

 

0.35

 

1,080,378

 

0.35

 

$

0.35 - $0.70

 

5,690,378

 

3.72

$

0.63 

 

5,690,378

$

0.63

Schedule of assumptions for warrants granted

 

December 31,
2019

 

December 31,
2018

Exercise price

 

$0.70

 

$0.70

Expected dividends

 

0%

 

0%

Expected volatility

 

100% - 112%

 

100%

Risk free interest rate

 

1.58% - 3%

 

3%

Expected life

 

5 years

 

5 years