Quarterly report pursuant to Section 13 or 15(d)

Warrants (Tables)

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Warrants (Tables)
9 Months Ended
Sep. 30, 2018
Warrants and Rights Note Disclosure [Abstract]  
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 years     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     315,010                          
Exercised     9,600,286                          
Forfeited     -                          
Outstanding September 30, 2018     118,148,846     $ 0.20       2.57     $ 7,848,637  
Exercisable September 30, 2018     118,148,846     $ 0.20       2.57     $ 7,848,637