XML 37 R19.htm IDEA: XBRL DOCUMENT v3.20.4
WARRANTS AND PREFERRED STOCKS (Tables)
12 Months Ended
Dec. 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 December 31, 2020

 

 

6,909,000

 

 

$ 0.15

 

 

 

0.68

 

Exercisable at December 31, 2020

 

 

6,909,000

 

 

$ 0.15

 

 

 

0.68