Quarterly report pursuant to Section 13 or 15(d)

NOTE 6: STOCKHOLDERS’ EQUITY

v3.19.1
NOTE 6: STOCKHOLDERS’ EQUITY
3 Months Ended
Mar. 31, 2019
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]

NOTE 6: STOCKHOLDERS’ EQUITY


Common Stock Options


A summary of common stock option activity for the three months ended March 31, 2019 is as follows:


           

Weighted

   

Weighted

 
           

Average

   

Average

 
   

Options

   

Exercise Price

   

Remaining Term

 

Outstanding - December 31, 2018

    114,285     $ 9.63       0.75  

Granted

    -       -       -  

Expired

    -       -       -  

Exercised

    -       -       -  

Outstanding – March 31, 2019

    114,285     $ 9.63       0.50  
                         

Exercisable – March 31, 2019

    114,285     $ 9.63       0.50  

The intrinsic value of the exercisable options as of March 31, 2019 was $0.


Common Stock Warrants


The following table presents the common stock warrant activity during the three months ended March 31, 2019:


           

Weighted

   

Weighted

 
           

Average

   

Average

 
   

Warrants

   

Exercise Price

   

Remaining Term

 

Outstanding - December 31, 2018

    7,032,329     $ 0.08       1.21  

Granted

    -       -       -  

Forfeited/expired

    -       -       -  

Exercised

    -       -       -  

Outstanding – March 31, 2019

    7,032,329     $ 0.08       0.96  
                         

Exercisable – March 31, 2019

    7,032,329     $ 0.08       0.96  

The intrinsic value of the exercisable warrants as of March 31, 2019 was $83,600.