Quarterly report pursuant to Section 13 or 15(d)

NOTE 6: STOCKHOLDERS’ EQUITY

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.