XML 1028 R38.htm IDEA: XBRL DOCUMENT v3.20.1
EQUITY INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Schedule of warrant activity

The status of outstanding warrants for the year ended December 31, 2019 is as follows:

Warrants  Shares  Weighted-Average Exercise Price  Weighted-Average Remaining Contractual Term  Aggregate Intrinsic Value
             
Outstanding at January 1, 2019   32,468,588    0.20   1.77 years   —   
Granted   17,912,108              
Forfeited, expired or cancelled   (620,000)             
Exercisable at December 31, 2019   49,760,696    0.20   1.77 years   —   
Schedule of options outstanding and exercisable

The information regarding the options is set forth below.

   2019  2018
       
Shares available   50,000,000    50,000,000 
Options outstanding (Directors and employees)   3,695,000    3,695,000 
Options exercisable    3,680,000    3,680,000 
Schedule of option activity

A summary of activity for the year ended December 31, 2019 is as follows:

Warrants  Shares  Weighted-Average Exercise Price  Weighted-Average Remaining Contractual Term  Aggregate Intrinsic Value
             
Outstanding at January 1, 2019   6,407,500    0.28   3.25 years   —   
Granted   —                
Forfeited, expired or cancelled   —                
Exercisable at December 31, 2019   6,407,500    0.28   3.25 years   —   
Summary of options granted and vested

The following table summarizes information about options granted and vested during the year ended December 31, 2019.

   2019  2018
       
Options granted   0    0 
Weighted-average grant-date fair value ($)   N/A    N/A 
Options vested   0    0 
Fair value of vested options   N/A    N/A 
Summary of common stock options outstanding and exercisable

A summary of common stock options outstanding and exercisable as of December 31, 2019 follows:

Options Outstanding  Exercise Price Range  Weighted-Average Exercise Price  Weighted-Average Remaining Contractual Term  Options Exercisable  Weight-Average Exercise Price of Exercisable Options
                
 6,407,500    0.28    0.25-0.65    9.85    —      N/A