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, December 31, 2018 |
|
|
2,000,000 |
|
|
$ |
— |
|
|
$ |
4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercisable, December 31, 2018 |
|
|
— |
|
|
$ |
— |
|
|
$ |
— |
|
|