|
NOTE 9 – STOCK WARRANTS
A summary of the status of the Company’s outstanding
stock warrants and changes during the periods is presented below:
| |
Shares available to purchase with warrants |
|
|
Weighted
Average
Price
|
|
|
Weighted
Average
Fair Value
|
| |
|
|
|
|
|
|
|
| Outstanding, December 31, 2016 |
|
51,000,000 |
|
|
$ |
0.23 |
|
|
$ |
0.186 |
| |
|
|
|
|
|
|
|
|
|
|
| Issued |
|
- |
|
|
$ |
- |
|
|
$ |
- |
| Exercised |
|
- |
|
|
$ |
- |
|
|
$ |
- |
| Forfeited |
|
- |
|
|
$ |
- |
|
|
$ |
- |
| Expired |
|
- |
|
|
$ |
- |
|
|
$ |
- |
| Outstanding, June 30, 2017 |
|
51,000,000 |
|
|
$ |
0.23 |
|
|
$ |
0.186 |
| |
|
|
|
|
|
|
|
|
|
|
| Exercisable, June 30, 2017 |
|
35,000,000 |
|
|
$ |
0.23 |
|
|
$ |
0.186 |
| Range of Exercise Prices |
Number Outstanding 6/30/2017 |
Weighted Average Remaining Contractual Life |
|
Weighted Average Exercise Price |
| $0.23 |
51,000,000 |
8.13 years |
$ |
0.23 |
|