3. WARRANT ACTIVITY

6 Months Ended

Jun. 30, 2022

Notes

3. WARRANT ACTIVITY

3.     WARRANT ACTIVITY

The following table summarizes our warrant activity for the six months ended June 30, 2022:

Schedule of Warrant Activity
	Warrants	Weighted average exercise price	Weighted average remaining contractual life (yrs)	Aggregate intrinsic value
Warrants outstanding December 31, 2021	290,000	$0.004	1.41	$187,350
Warrants outstanding June 30, 2022	-	$-		$-

During the six months ended June 30, 2022, no warrants were issued.

During the six months ended June 30, 2022, 250,000 warrants with an exercise price of $.003 per share, and 40,000 warrants with an exercise price of $.01 per share, were exercised for 290,000 restricted shares of common stock, par value $.00001 per share. Proceeds from exercise of the warrants were $1,150. The common shares were issued pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended, without payment of any form of commissions or other remuneration.