Annual report pursuant to Section 13 and 15(d)

NOTE 15 - COMMON STOCK OPTIONS AND WARRANTS (Tables)

v3.19.1
NOTE 15 - COMMON STOCK OPTIONS AND WARRANTS (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Fair Value Assumptions

The fair value of the incentive stock option grants for the year ended December 31, 2018 estimated using the following weighted- average assumptions:


 

 

For the Years Ended
December 31,

 

 

2018

 

2017

Risk free interest rate

 

2.59%

 

—

Expected term in years

 

2.5 – 2.76

 

—

Dividend yield

 

—

 

—

Volatility of common stock

 

197.13% - 207.27%

 

—

Estimated annual forfeitures

 

—

 

—

Schedule of Warrants Outstanding


 

 

Number of
Warrants

 

 

Weighted

Avg.

Exercise

Price

 

 

Remaining
Contractual
Life (Years)

 

Outstanding at December 31, 2016

  

  

218,764

  

  

$

8.4

  

  

  

4.6

 

Warrants expired, forfeited or cancelled

 

 

(433,444

)

 

 

233.45

 

 

 

 

 

Warrants issued with debt, debt modifications or services

 

 

10,967,012

 

 

 

.65

 

 

 

4.6

 

Warrants issued

 

 

14,464,000

 

 

 

—

 

 

 

 

 

Outstanding at December 31, 2017

 

 

25,216,332

 

 

 

.65

 

 

 

4.9

 

 

 

 

 

 

 

 

 

 

 

 

 

  

Warrants expired, forfeited, cancelled or exercised

 

 

(300,000

)

 

 

 

 

 

 

3.9

 

Warrants issued

 

 

496,215

 

 

 

.65

 

 

 

4.9

 

Outstanding at December 31, 2018

 

 

25,412,547

 

 

 

.68

 

 

 

3.9

 

Exercisable at end of period

 

 

25,412,547

 

 

$

.66

 

 

 

3.9