Current report filing

SHAREHOLDERS' DEFICIT) (Table)

v3.8.0.1
SHAREHOLDERS' DEFICIT) (Table)
 3 Months Ended
Mar. 31, 2018
Equity [Abstract]  
Summary of stock option activities

Stock option activities for the three months ended March 31, 2018 are summarized as follows:

 

    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       7.63     $ 7,948,708  
Exercised     (100,000 )     0.03                  
Balance Outstanding  March 31, 2018     14,794,213     $ 0.32       7.39     $ 7,873,188  
                                 
Exercisable, March 31, 2018     11,298,369     $ 0.31       6.87     $ 6,138,895  
Summary of warrant activities

Warrant activities for the three months ended March 31, 2018 are summarized as follows:

 

    Number of Warrants     Weighted Average Exercise Price     Weighted Average Remaining Contractual Term (Years)     Aggregate Intrinsic Value  
Balance Outstanding December 31, 2017     -       -       -     $ -  
Granted     293,123       0.87                  
Balance Outstanding  March 31, 2018     293,123     $ 0.87       4.92     $ 551,071  
                                 
Exercisable, March 31, 2018     293,123     $ 0.87       4.92     $ 551,071