Quarterly report pursuant to Section 13 or 15(d)

Warrants and Options (Tables)

v3.19.1
Warrants and Options (Tables)
3 Months Ended
Mar. 31, 2019
Option [Member]  
Summary of changes in warrants outstanding
          Weighted Average  
   

Number of

Options

   

Exercise

Price ($)

 
Outstanding at December 31, 2018     3,498,801       4.00  
Granted     730,000       3.25  
Exercised     -       -  
Expired/Cancelled     -       -  
Outstanding at March 31, 2019     4,228,801       3.87  
                 
Exercisable at March 31, 2019     3,473,801       4.00  
Summary of 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       0.95       41,750  
  322,500       322,500       2.50       1.39       806,250  
  322,500       322,500       3.00       1.39       967,500  
  730,000       -       3.25       5.87       2,372,500  
  17,767       17,767       3.35       1.95       59,519  
  20,000       20,000       3.80       2.13       76,000  
  1,911,167       1,886,167       4.00       3.17       7,644,669  
  17,767       17,767       4.35       2.95       77,286  
  50,000       50,000       4.80       3.76       240,000  
  819,334       819,334       5.00       2.73       4,096,670  
                                     
  4,228,801       3,473,801                       16,382,144  
Warrant [Member]  
Summary of changes in warrants outstanding
          Weighted Average  
   

Number of

Warrants

   

Exercise

Price ($)

 
Outstanding at December 31, 2018     6,107,617       2.88  
Granted     -       -  
Exercised     (2,478,613 )     2.68  
Expired     (133,750 )     2.20  
Outstanding at March 31, 2019     3,495,254       2.99  
                 
Exercisable at March 31, 2019     3,370,254       3.01  
Summary of warrants issued and outstanding
                  Weighted        
                  Average        
                  Remaining     Proceeds to  
Number     Number     Exercise     Contractual     Company if  
Outstanding     Exercisable     Price ($)     Life (Years)     Exercised ($)  
  29,392       29,392       2.40       0.75       70,541  
  150,000       25,000       2.47       3.43       370,500  
  3,275,862       3,275,862       3.00       0.36       9,827,586  
  40,000       40,000       4.53       1.63       181,200  
  3,495,254       3,370,254                       10,449,827