Annual report pursuant to Section 13 and 15(d)

Warrants and Options (Tables)

v3.19.1
Warrants and Options (Tables)
 12 Months Ended
Dec. 31, 2018
Warrant [Member]  
Summarizes changes in warrants outstanding

         

Weighted

Average

  
   

Number of

Warrants

    

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  
                 
Exercisable at December 31, 2018     982,617       2.31  

Summarizes warrants issued and outstanding

                  Weighted        
                  Average        
                  Remaining        
                  Contractual     Proceeds to  
Number     Number     Exercise     Life     Company if  
Outstanding     Exercisable     Price ($)     (Years)     Exercised ($)  
888,225       888,225       2.20       0.16       1,954,095  
29,392       29,392       2.40       1.00       70,541  
150,000       25,000       2.47       3.68       370,500  
5,000,000       -       3.00       0.61       15,000,000  
40,000       40,000       4.53       1.87       181,200  
6,107,617       982,617                       17,576,336  

Option [Member]  
Summarizes changes in warrants outstanding

    Number of     Weighted Average  
    Options     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     3,498,8010       4.00  
                 
Exercisable at December 31, 2018     2,698,801       4.01  

Summarizes warrants issued and outstanding

                           
                  Weighted Average        
                  Remaining     Proceeds to  
Number     Number     Exercise     Contractual     Company if  
Outstanding     Exercisable     Price ($)     Life (Years)     Exercised ($)  
17,766       17,766       2.35       1.20       41,750  
322,500       322,500       2.50       1.63       806,250  
322,500       322,500       3.00       1.63       967,500  
17,767       17,767       3.35       2.20       59,519  
20,000       20,000       3.80       2.38       76,000  
1,911,167       1,111,167       4.00       4.62       7,644,669  
17,767       17,767       4.35       3.20       77,286  
50,000       50,000       4.80       4.01       240,000  
819,334       819,334       5.00       2.98       4,096,670  
                                   
3,498,801       2,698,801                       14,009,644