General form of registration statement for all companies including face-amount certificate companies

Warrants (Tables)

v3.10.0.1
Warrants (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2018
Dec. 31, 2017
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  

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