XML 37 R27.htm IDEA: XBRL DOCUMENT v3.10.0.1
Warrants (Tables)
9 Months Ended
Sep. 30, 2018
Warrants and Rights Note Disclosure [Abstract]  
Schedule of Warrants Valuation Assumptions

The fair values for warrants issued have been estimated using the Black-Scholes option pricing model assuming no expected dividends and the following weighted average assumptions:

 

    2018  
Risk-free interest rate     2.17-2.61 %
Expected life (in years)     2.0  
Expected volatility     216-247 %
Weighted average fair value per share   $ 0.12  

Schedule of Stockholders' Equity Note, Warrants or Rights, Activity

The following table summarizes the share purchase warrants:

 

Outstanding, December 31, 2017     10,895,000  
Expired     (10,895,000 )
Issued     4,885,531  
Outstanding, September 30, 2018     4,885,531