Annual report pursuant to Section 13 and 15(d)

Warrants and Options (Tables)

v3.19.3.a.u2
Warrants and Options (Tables)
12 Months Ended
Dec. 31, 2019
Warrant [Member]  
Summary of changes in warrants outstanding
 
Number of
Warrants
 
Weighted
Average Exercise Price ($)
 
Outstanding at December 31, 2017
 
1,731,680
 
2.36
 
Granted
 
5,000,000
 
3.00
 
Exercised
 
(333,528
)
 
2.33
 
Expired
 
(290,535
)
 
2.54
 
Outstanding at December 31, 2018
 
6,107,617
 
2.88
 
Granted
 
-
 
-
 
Exercised
 
(5,783,867
)
 
2.86
 
Expired
 
(133,750
)
 
2.20
 
Outstanding at December 31, 2019
 
190,000
 
2.90
 
Exercisable at December 31, 2019
 
65,000
 
4.53
 
Summary of warrants issued and outstanding
Number
Outstanding
 
Number
Exercisable
 
Exercise
Price ($)
 
Weighted
Average
Remaining
Contractual
Life (Years)
 
Proceeds to
Company if
Exercised ($)
 
150,000
 
25,000
 
2.47
 
3.25
 
370,500
 
40,000
 
40,000
 
4.53
 
0.87
 
181,200
 
190,000
 
65,000
 
551,700
 
Options [Member]  
Summary of changes in warrants outstanding
 
Number of
Options
 
Weighted
Average
Exercise
Price ($)
 
Outstanding at December 31, 2017
 
2,939,134
 
4.09
 
Granted
 
805,000
 
4.00
 
Exercised
 
-
 
-
 
Expired/Cancelled
 
(245,333
)
 
4.98
 
Outstanding at December 31, 2018
 
3,498,801
 
4.00
 
Granted
 
730,000
 
3.25
 
Exercised
 
(10,333
)
 
3.42
 
Expired/Cancelled
 
(49,167
)
 
3.31
 
Outstanding at December 31, 2019
 
4,169,301
 
3.88
 
Exercisable at December 31, 2019
 
3,484,301
 
4.01
 
Summary of warrants issued and outstanding
Number
Outstanding
 
Number
Exercisable
 
Exercise
Price ($)
 
Weighted Average 
Remaining
Contractual
Life (Years)
 
Proceeds to
Co
mpany if
Exercised ($)
 
11,599
 
11,599
 
2.35
 
0.35
 
27,258
 
322,500
 
322,500
 
2.50
 
0.63
 
806,250
 
322,500
 
322,500
 
3.00
 
0.63
 
967,500
 
685,000
 
-
 
3.25
 
5.12
 
2,226,250
 
17,767
 
17,767
 
3.35
 
1.20
 
59,519
 
20,000
 
20,000
 
3.80
 
1.38
 
76,000
 
1,817,837
 
1,817,837
 
4.00
 
3.03
 
7,271,348
 
89,163
 
89,163
 
4.38
 
3.03
 
390,534
 
17,768
 
17,768
 
4.35
 
2.20
 
77,291
 
50,000
 
50,000
 
4.80
 
3.01
 
240,000
 
815,167
 
815,167
 
5.00
 
2.51
 
4,075,836
 
 
4,169,301
 
3,484,301
 
16,217,786