|
NOTE 8 – STOCK WARRANTS
The Company has 2,000,000 warrants outstanding
that expire June 1, 2023. A summary of the status of the Company’s outstanding stock warrants and changes during the years is
presented below:
| |
|
Shares available to purchase with warrants |
|
Weighted
Average
Price |
|
Weighted
Average
Fair Value |
|
Weighted
Average
Life |
|
Aggregate Intrinsic Value |
| |
|
|
|
|
|
|
|
|
|
|
| Outstanding, December 31, 2018 |
|
|
2,000,000 |
|
|
$ |
1.05 |
|
|
$ |
0.003 |
|
|
|
4.42 |
|
|
|
|
|
| Issued |
|
|
|
|
|
$ |
|
|
|
$ |
|
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
|
|
|
$ |
|
|
|
$ |
|
|
|
|
|
|
|
|
|
|
| Cancelled |
|
|
|
|
|
$ |
|
|
|
$ |
|
|
|
|
|
|
|
|
|
|
| Expired |
|
|
|
|
|
$ |
|
|
|
$ |
|
|
|
|
|
|
|
|
|
|
| Outstanding, December 31, 2019 |
|
|
2,000,000 |
|
|
$ |
1.05 |
|
|
$ |
0.003 |
|
|
|
3.42 |
|
|
|
|
|
| Issued |
|
|
|
|
|
$ |
|
|
|
$ |
|
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
|
|
|
$ |
|
|
|
$ |
|
|
|
|
|
|
|
|
|
|
| Cancelled |
|
|
|
|
|
$ |
|
|
|
$ |
|
|
|
|
|
|
|
|
|
|
| Expired |
|
|
|
|
|
$ |
|
|
|
$ |
|
|
|
|
|
|
|
|
|
|
| Outstanding, December 31, 2020 |
|
|
2,000,000 |
|
|
$ |
1.05 |
|
|
$ |
0.003 |
|
|
|
2.42 |
|
|
|
1,500,000 |
|
| Exercisable, December 31, 2020 |
|
|
2,000,000 |
|
|
$ |
1.05 |
|
|
$ |
0.003 |
|
|
|
2.42 |
|
|
|
1,500,000 |
|
|