Quarterly report pursuant to Section 13 or 15(d)

Warrants (Tables)

v3.8.0.1
Warrants (Tables)
3 Months Ended
Mar. 31, 2018
Warrants  
Schedule of Stock Warrants Activity

The following is a summary of the Company’s warrant activity:

 

    Warrants     Weighted
average
exercise price
    Weighted average remaining contractual
term in
three-months
    Aggregate
intrinsic value
 
Outstanding January 1, 2017     88,365,036     $ 0.30       3.50     $ 543,770  
Exercisable January 1, 2017     88,365,036     $ 0.30       3.50     $ 543,770  
Canceled     -                          
Granted     40,259,133                          
Exercised     (798,000 )                        
Forfeited     (392,047 )                        
Outstanding December 31, 2017     127,434,122     $ 0.24       3.15     $ 3,957,689  
Exercisable December 31, 2017     127,434,122     $ 0.24       3.15     $ 3,957,689  
Canceled     -                          
Granted     -                          
Exercised     -                          
Forfeited     -                          
Outstanding March 31, 2018     127,434,122     $ 0.24       2.90     $ 13,733,627  
Exercisable March 31, 2018     127,434,122     $ 0.24       2.90     $ 13,733,627