Quarterly report pursuant to Section 13 or 15(d)

I. STOCK OPTIONS AND WARRANTS (Tables)

v3.19.2
I. STOCK OPTIONS AND WARRANTS (Tables)
6 Months Ended
Jun. 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       7.51     $ 0.14       2,000,000     $ 0.14  
  $0.16 - $0.99       1,349,793       4.35       0.18       1,171,488       0.18  
          3,349,793       6.24     $ 0.16       3,171,488     $ 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 June 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     2.27     $ 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 June 30, 2019     250,000     $ 0.20