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