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STOCKHOLDERS' DEFICIT (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Incentives stock plan

The following table sets forth information regarding awards under our 2018 Incentive Stock Plan:

 

As of December 31, 2018
   

Share

 Grants

Approved

 

   

Options

 Outstanding

 

   

Restricted

 Stock Awards

 Outstanding

 

   

Restricted

 Stock Units

 Outstanding

 

   

Shares

 Available for

 Award

 

 
2018 Incentive Stock Plan     50,000,000       13,500,000                   36,500,000  
Total     50,000,000       13,500,000                   36,500,000  
Schedule of fair value of option awards

We determine the fair value of option grant share-based awards at their grant date, using a Black-Scholes- Merton Option-Pricing Model applying the assumptions in the following table:

 

    For the year ended December 31,  
    2018     2017  
Expected life (years)     5.2 - 10       5  
Dividend yield     0 %     0 %
Expected volatility     80% - 275 %     80 %
Risk free interest rates     3.1% - 3.33 %     1.97 %
Weighted average fair value of options at grant date   $ 0.0597     $ 0.0298  
Schedule of stock options

The following table summarizes the activity of our stock options for the years ended December 31, 2018, and 2017:

 

    Shares     Weighted Average
Exercise Price
 
             
Outstanding at December 31, 2016         $  
                 
Granted     14,000,000     $ 0.1357  
Exercised         $  
Forfeited or expired         $  
Outstanding at December 31, 2017     14,000,000     $ 0.1357  
                 
Granted     13,750,000     $ 0.0711  
Exercised         $  
Forfeited or expired         $  
Outstanding at December 31, 2018     27,750,000     $ 0.1037  
                 
Exercisable at December 31, 2018     9,712,500     $ 0.0616