Annual report pursuant to Section 13 and 15(d)

Shareholders' Deficit (Tables)

v3.20.1
Shareholders' Deficit (Tables)
 12 Months Ended
Dec. 31, 2019
Equity [Abstract]
Schedule of nonvested activity

Redemption Period Redemption
Percentage
1. The period beginning on the date of the issuance of shares of Series A Preferred Stock and ending on the date which is sixty days following the Issuance Date. 100%
2. The period beginning on the date that is sixty-one days from the Issuance Date and ending ninety days following the Issuance Date. 107%
3. The period beginning on the date that is ninety-one days from the Issuance Date and ending one hundred twenty days following the Issuance Date. 112%
4. The period beginning on the date that is one hundred twenty-one days from the Issuance Date and ending one hundred fifty days following the Issuance Date. 117%
5. The period beginning on the date that is one hundred fifty-one days from the Issuance Date and ending one hundred eighty days following the Issuance Date. 120%
Schedule of stock option activities

Number of

Non-vested Shares

 Weighted Average Grant Date Fair Value
Non-vested, December 31, 2017 - $
Granted 6,483,732 0.62
Forfeited (485,060 ) 0.85
Non-vested, December 31, 2018 5,998,672 0.61
Granted 12,000,000 0.05
Shares vested (323,373 ) (0.59 )
Non-vested, December 31, 2019 17,675,299 $ 0.23
Schedule of warrant activities
Number of Options Weighted Average Exercise
Price		 Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic
Value
Balance Outstanding, December 31, 2017 14,894,213 $ 0.32
Exercised (1,757,032 ) 0.12
Forfeited (1,691,483 ) 0.66
Balance Outstanding, December 31, 2018 11,445,698 0.30
Exercised (3,000,000 ) 0.03
Balance Outstanding, December 31, 2019 8,445,698 $ 0.40 6.27 $ 24,600
Exercisable, December 31, 2019 7,653,917 $ 0.41 6.11 $ 24,600

Number of Warrants Weighted Average Exercise
Price		 Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic
Value
Balance Outstanding December 31, 2018 - $ - - $ -
Granted 2,050,000 0.10
Cancelled - -
Balance Outstanding December 31, 2019 2,050,000 $ 0.10 4.66 $ 4,400
Exercisable, December 31, 2019 2,050,000 $ 0.10 4.66 $ 4,400