Quarterly report pursuant to Section 13 or 15(d)

STOCK WARRANTS

v3.8.0.1
STOCK WARRANTS
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
STOCK WARRANTS

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     1,700,000     $ 6.90     $ 0.186  
Issued     2,000,000     $ 1.05     $ 5  
Exercised     —       $ —       $ —    
Cancelled     (1,166,667 )   $ 6.90     $ —    
Expired     (533,333 )   $ 6.90     $ —    
Outstanding, December 31, 2017     2,000,000     $ 1.05     $ 5  
Issued     —       $ —       $ —    
Exercised     —       $ —       $ —    
Cancelled     —       $ —       $ —    
Expired     —       $ —       $ —    
Outstanding, March 31, 2018     2,000,000     $ 1.05     $ 5  
                         
Exercisable, March 31, 2018     —       $ —       $ —