Stock Options (Tables)

3 Months Ended

Jun. 30, 2019

Share-based Payment Arrangement [Abstract]

Summary of Stock Option Activity

A summary of stock option activity for the three months ended June 30, 2019 is summarized below:

	June 30, 2019
	Number of Options		Weighted Average Exercise Price
Stock Options:
Balance at beginning of period		2,210,000	$	0.25
Granted		100,000	$	0.38
Exercised		-		-
Forfeited		-		-
Balance at end of period		2,310,000	$	0.25
Options exercisable at end of period		2,210,000	$	0.25

Schedule of Employee Stock Options Outstanding

The following table summarizes information about employee stock options outstanding at June 30, 2019

Range of Exercise Price		Number Outstanding at June 30, 2019		Weighted Average Remaining Contractural Life		Weighted Average Exercise Price		Number Exercisable at June 30, 2019		Weighted Average Exercise Price
	$.03 - $.32		1,630,000		4.0		0.16		1,630,000		0.16
	$.38 - $.55		680,000		8.6		0.42		580,000		0.50
	*		2,310,000						2,210,000

* Total number of options outstanding as of June 30, 2019 includes 560,000 options issued to five current and two former directors as compensation and 1,150,000 options issue to key employees that were not issued from the Plan.