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11. Stockholders' Equity
3 Months Ended
Mar. 31, 2020
Notes  
11. Stockholders' Equity

11. Stockholders’ Equity 

The Company did not sell any shares of its common stock in the first quarters of 2020 or 2019.

Stock Purchase Warrants Outstanding

The activity in stock purchase warrants is as follows:

 

 

 

Number of

Warrants

 

Exercise Prices

Balance December 31, 2018

 

14,100,123

 

0.10-0.20

Exercised

 

(1,200,000)

 

0.10

Balance December 31, 2019

 

12,900,123

 

0.18-0.22

Expired

 

(6,566,789)

 

0.20-0.22

Balance March 31, 2020

 

6,333,334

 

$0.18-0.20

These warrants expire as follows:

 

Shares

Exercise Price

Expiration Date

4,250,000

$0.20

April 30, 2020

1,708,334

$0.20

November 3, 2020

375,000

$0.18

December 14, 2023

6,333,334

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