Quarterly report pursuant to Section 13 or 15(d)

Warrants and Options (Tables)

v3.20.1
Warrants and Options (Tables)
3 Months Ended
Mar. 31, 2020
Warrant [Member]  
Summary of changes in warrants outstanding

 

Number of

Warrants

 

Weighted

Average

Exercise

Price ($)

 

Outstanding at December 31, 2019

 

190,000

 

2.90

 

Granted

 

50,000

 

3.45

 

Exercised

 

-

 

-

 

Expired

 

-

 

-

 

Outstanding at March 31, 2020

 

240,000

 

3.02

 

Exercisable at March 31, 2020

 

190,000

 

2.90

Summary of warrants issued and outstanding

 

Weighted

 

Average

 

Remaining

 

Proceeds to

 

Number

 

Number

 

Exercise

 

Contractual

 

Company if

 

Outstanding

 

Exercisable

 

Price ($)

 

Life (Years)

 

Exercised ($)

 

150,000

 

150,000

 

2.47

 

1.69

 

370,500

 

50,000

 

-

 

3.45

 

5.92

 

172,500

 

40,000

 

40,000

 

4.53

 

0.62

 

181,200

 

240,000

 

190,000

 

724,200

 

Option [Member]  
Summary of changes in options outstanding

 

Number of

Options

 

Weighted

Average

Exercise Price ($)

 

Outstanding at December 31, 2019

 

4,169,301

 

3.88

 

Granted

 

-

 

-

 

Exercised

 

(68,882

)

 

3.33

 

Expired/Cancelled

 

(15,000

)

 

5.00

 

Outstanding at March 31, 2020

 

4,085,419

 

3.90

 

Exercisable at March 31, 2020

 

4,085,419

 

3.90

 

Summary of options issued and outstanding

 

Weighted

 

Average

 

Remaining

 

Proceeds to

 

Number

 

Number

 

Exercise

 

Contractual

 

Company if

 

Outstanding

 

Exercisable

 

Price ($)

 

Life (Years)

 

Exercised ($)

 

2,717

 

2,717

 

2.35

 

0.42

 

6,385

 

310,000

 

310,000

 

2.50

 

0.38

 

775,000

 

310,000

 

310,000

 

3.00

 

0.38

 

930,000

 

685,000

 

685,000

 

3.25

 

4.87

 

2,226,250

 

17,767

 

17,767

 

3.35

 

0.87

 

59,519

 

20,000

 

20,000

 

3.80

 

1.13

 

76,000

 

1,782,837

 

1,782,837

 

4.00

 

2.56

 

7,131,348

 

17,768

 

17,768

 

4.35

 

1.87

 

77,291

 

89,163

 

89,163

 

4.38

 

3.82

 

390,534

 

50,000

 

50,000

 

4.80

 

2.76

 

240,000

 

800,167

 

800,167

 

5.00

 

2.81

 

4,000,835

 

4,085,419

 

4,085,419

 

15,913,162