Quarterly report pursuant to Section 13 or 15(d)

Equity Transactions (Tables)

v3.20.2
Equity Transactions (Tables)
9 Months Ended
Sep. 30, 2020
Disclosure Common Stock Transactions Tables Abstract  
Summary of Common Stock Options Activity

Options:

 

The following table summarizes common stock options activity:

 

        Weighted
        Average
        Exercise
    Options   Price
  December 31, 2019       9,299,900     $ 0.57  
  Granted       —         —    
  Exercised       —         —    
  Expired       (8,450,000 )     4.79  
  Outstanding, September 30, 2020       849,900     $ 1.00  
  Exercisable, September 30, 2020       849,900     $ 1.00  
Schedule of Weighted Average Excerise Price Range

The weighted average exercise prices, remaining lives for options granted, and exercisable as of September 30, 2020 were as follows:

                     
    Outstanding Options       Exercisable Options
Options           Weighted       Weighted
Exercise Price       Life   Average Exercise       Average Exercise
Per Share   Shares   (Years)   Price   Shares   Price
$1.00   849,900   0.07 – 1.35   $1.00   849,900   $1.00
    849,900       $1.00   849,900   $1.00
Summary of Common Stock Warrants Activity

The following table summarizes common stock warrants activity:

 

        Weighted
        Average
        Exercise
    Warrants   Price
  Outstanding, December 31, 2019       9,000,000     $ 0.46  
  Granted       800,000       0.25  
  Exercised       —         —    
  Forfeited       —         —    
  Outstanding, September 30, 2020       9,800,000     $ 0.40  
  Exercisable, September 30, 2020       9,800,000     $ 0.40
Schedule of Warrants Weighted Average Excerise Price Range

The weighted average exercise prices, remaining lives for warrants granted, and exercisable as of September 30, 2020, were as follows:

 

    Outstanding and Exercisable Warrants  
Warrants          
Exercise Price       Life  
Per Share   Shares   (Years)  
$0.01   600,000   0.25  
$0.15   1,200,000   0.28  
$0.25   2,500,000   0.55 - 2.78  
$0.40   1,200,000   0.28  
$0.50   2,800,000   0.08 – 2.78  
$0.75   1,250,000   0.66 – 2.78  
$1.00   250,000   0.66  
    9,800,000