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WARRANTS AND PREFERRED STOCKS (Tables)
3 Months Ended
Mar. 31, 2020
WARRANTS AND PREFERRED STOCKS (Tables)  
Summary of assumptions used in Black Scholes option-pricing model

Average risk-free interest rate

 

1.58

%

Average expected life-years

 

2

 

Expected volatility

 

172.88

%

Expected dividends

 

0

%

Schedule of Share-based Compensation, Warrant Options

 

Number of

Warrants

 

Weighted

Average

Exercise

Price

 

Weighted Average

Remaining Contractual

Life (Years)

 

Outstanding at December 31, 2019

 

6,909,000

 

$

0.15

 

1.69

 

Granted

 

-

 

-

 

-

 

Extended

 

Exercised

 

-

 

-

 

-

 

Forfeited/expired

 

-

 

-

 

-

 

Outstanding at March 31, 2020

 

6,909,000

 

$

0.15

 

1.44

 

Exercisable at March  31, 2020

 

6,909,000

 

$

0.15

 

1.44