Quarterly report pursuant to Section 13 or 15(d)

I. STOCK OPTIONS AND WARRANTS (Tables)

v3.19.1
I. STOCK OPTIONS AND WARRANTS (Tables)
3 Months Ended
Mar. 31, 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       7.76     $ 0.14       2,000,000     $ 0.14  
$ 0.16 - $0.99       1,349,793       4.60       0.18       1,153,118       0.18  
          3,349,793       6.49     $ 0.16       3,153,118     $ 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 March 31, 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       3.52     $ 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 March 31, 2019     250,000     $ 0.20