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12. Stock Options
3 Months Ended
Mar. 31, 2020
Notes  
12. Stock Options

12. Stock Options 

No options were granted in the first quarters of 2020 or 2019.

Activity in the Company’s stock options is as follows:

 

 

Number of Options

 

Exercise Prices

Balance December 31, 2018

7,054,500

 

0.10-0.18

Granted

2,100,000

 

0.14

Expired

(3,892,000)

 

0.10-0.15

Balance December 31, 2019

5,262,500

 

0.10-0.18

Expired

(250,000)

 

0.15

Balance March 31, 2020

5,012,500

 

0.10-0.18

Exercisable at March 31, 2020

5,012,500

$

0.10-0.18

At March 31, 2020, outstanding stock options have a weighted average remaining term of approximately 2.12 years and an intrinsic value of approximately $129,250.