| 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 |
|
|
The following is a summary
of the Company’s warrant activity:
| |
|
Warrants |
|
|
Weighted average exercise price |
|
|
Weighted average remaining contractual term in years |
|
|
Aggregate intrinsic value |
|
| Outstanding January 1, 2016 |
|
|
47,003,962 |
|
|
$ |
0.46 |
|
|
|
3.49 |
|
|
$ |
2,579,541 |
|
| Exercisable January 1, 2016 |
|
|
47,003,962 |
|
|
$ |
0.46 |
|
|
|
3.49 |
|
|
$ |
2,579,541 |
|
| Canceled |
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Granted |
|
|
42,037,500 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Forfeited |
|
|
(676,426 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding December 31, 2016 |
|
|
88,365,036 |
|
|
$ |
0.30 |
|
|
|
3.50 |
|
|
$ |
543,770 |
|
| Exercisable December 31, 2016 |
|
|
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 |
|
|