CAPITAL TRANSACTIONS (Tables)

3 Months Ended

Mar. 31, 2021

CAPITAL TRANSACTIONS

Summary of Company's stock option activity

	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Life		Number of Options Exercisable		Aggregate Intrinsic Value
Outstanding as of December 31, 2020		18,500,000		$	0.07		2.84		18,500,000	$	1,295,000
Granted		15,000,000			0.02		9.30		15,000,000		300,000
Exercised		-			-		-		-
Expired		(1,000,000	)		0.06		-		-
Outstanding as of March 31, 2021		32,500,000		$	0.07		5.87		32,500,000	$	1,595,000

Exercise prices and weighted-average contractual lives of stock options outstanding

				Options Outstanding				Options Exercisable
Exercise Price		Number Outstanding		Weighted Average Remaining Contractual Life		Weighted Average Exercise Price		Number Exercisable		Weighted Average Exercise Price
$	0.05		3,000,000		4.25	$	0.05		3,000,000	$	0.05
$	0.06		5,000,000		4.35	$	0.06		5,000,000	$	0.06
$	0.07		6,000,000		0.35	$	0.07		6,000,000	$	0.07
$	0.14		3,000,000		3.25	$	0.14		3,000,000	$	0.14
$	0.02		15,500,000		9.30	$	0.02		15,500,000	$	0.02