Quarterly report pursuant to Section 13 or 15(d)

I. STOCK OPTIONS AND WARRANTS (Tables)

v3.19.3
I. STOCK OPTIONS AND WARRANTS (Tables)
9 Months Ended
Sep. 30, 2019
Share-based Payment Arrangement [Abstract]  
Options outstanding and exercisable
Options Outstanding       Options Exercisable  
Exercise Prices    

Number

Outstanding

     

Weighted
Average

Remaining

Contractual Life

(Years)

     

Weighted
Average

Exercise Price

     

Number

Exercisable

     

Weighted
Average

Exercise Price

 
$0.01 - $0.15     2,000,000       7.26     $ 0.14       2,000,000     $ 0.14  
$0.16 - $0.99     1,349,793       4.09     $ 0.18       1,190,059     $ 0.18  
      3,349,793       5.98     $ 0.16       3,190,059     $ 0.16  
Option activity
    Number of
Shares
    Weighted Average
Price Per Share
 
Outstanding at January 1, 2018     4,376,474     $ 0.18  
Granted     67,394     $ 0.14  
Exercised            
Cancelled or expired     (1,094,075 )   $ 0.17  
Outstanding at December 31, 2018     3,349,793     $ 0.16  
Granted            
Exercised            
Cancelled or expired            
Outstanding at September 30, 2019     3,349,793     $ 0.16  
Warrants outstanding and exercisable
        Warrants Outstanding             Warrants Exercisable  
  Exercise Prices     Number
Outstanding
   

Weighted
Average

Remaining

Contractual Life

(Years)

     

Weighted
Average

Exercise Price

    Number
Exercisable
   

Weighted
Average

Exercise Price

 
$ 0.20     250,000     2.02     $ 0.20     250,000   $ 0.20  
Warrant activity
    Number of
Shares
    Weighted
Average
Price Per Share
 
Outstanding at January 1, 2018     250,000     $ 0.20  
Issued            
Exercised            
Cancelled or expired            
Outstanding at December 31, 2018     250,000     $ 0.20  
Issued            
Exercised            
Cancelled or expired            
Outstanding at September 30, 2019     250,000     $ 0.20