Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Deficit (Tables)

v3.20.1
Shareholders' Deficit (Tables)
3 Months Ended
Mar. 31, 2020
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, 2019 17,675,299 $ 0.23
Granted - -
Shares vested - -
Non-vested, March 31, 2020 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, 2019 8,445,698 $ 0.40
Granted - -
Exercised - -
Forfeited - -
Balance Outstanding, March 31, 2020 8,445,698 $ 0.40 5.98 $ 27,000
Exercisable, March 31, 2020 7,903,232 $ 0.41 5.87 $ 27,000

Number of Warrants Weighted Average Exercise Price Weighted
Average
Remaining
Contractual
Term (Years)
Aggregate Intrinsic
Value
Balance Outstanding December 31, 2019 2,050,000 $ 0.10 - $ -
Granted 144,375 0.10
Cancelled - -
Balance Outstanding March 31, 2020 2,194,375 $ 0.10 4.45 $ 6,000
Exercisable, March 31, 2020 2,194,375 $ 0.10 4.45 $ 6,000