| Schedule of status of the Company's restricted common shares |
| |
|
Shares |
|
|
Weighted
Average
Exercise Price
|
|
|
Weighted
Average
Remaining
Contractual
Life
(in Years)
|
|
|
Aggregate
Intrinsic
Value
|
|
| Outstanding at December 31, 2014 |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
| Granted |
|
|
1,760,000 |
|
|
$ |
0.17 |
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
| Forfeited or expired |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2015 |
|
|
1,760,000 |
|
|
$ |
0.17 |
|
|
|
N/A |
|
|
$ |
246,400 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Granted |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
| Forfeited or expired |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
| Outstanding at June 30, 2016 |
|
|
1,760,000 |
|
|
$ |
0.17 |
|
|
|
N/A |
|
|
$ |
29,920 |
|
| Vested at June 30, 2016 |
|
|
1,760,000 |
|
|
$ |
0.17 |
|
|
|
N/A |
|
|
$ |
29,920 |
|
|
| Schedule of stock warrant issued |
| Date Issued |
|
Exercise Price |
|
|
Number of Shares |
|
|
Weighted Average Remaining Contractual Life |
Expiration date |
|
| |
|
|
|
|
|
|
|
|
|
|
| May 28, 2015 (Issued in lieu of restricted common stock) |
|
$ |
0.11 |
|
|
|
2,720,000 |
|
|
4.66 years |
May 27, 2020 |
| May 28, 2015 (Issued in lieu of restricted common stock) |
|
$ |
0.11 |
|
|
|
25,000 |
|
|
4.66 years |
May 27, 2020 |
| June 16, 2015 (Issued in lieu of restricted common stock) |
|
$ |
0.11 |
|
|
|
2,000,000 |
|
|
4.72 years |
June 15, 2020 |
| July 8, 2015 (Issued in lieu of restricted common stock) |
|
$ |
0.11 |
|
|
|
25,000 |
|
|
4.77 years |
July 7, 2020 |
| July 8, 2015 (Issued in lieu of restricted common stock) |
|
$ |
0.11 |
|
|
|
25,000 |
|
|
4.77 years |
July 7, 2020 |
| August 24, 2015 (Issued in lieu of restricted common stock) |
|
$ |
0.11 |
|
|
|
10,000 |
|
|
4.90 years |
August 23, 2020 |
| February 1, 2016 |
|
$ |
0.003 |
|
|
|
10,000 |
|
|
4.92 years |
January 31, 2021 |
| February 9, 2016 |
|
$ |
0.004 |
|
|
|
10,000 |
|
|
4.92 years |
February 28, 2021 |
|