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, June 30, 2018 |
|
2,000,000 |
|
|
$ |
1.05 |
|
|
$ |
5 |
|
|
|
|
|
|
|
|
|
|
|
Exercisable, June 30, 2018 |
|
- |
|
|
$ |
- |
|
|
$ |
- |
|