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Warrants

9 Months Ended

Sep. 30, 2020

Note 9 – Warrants

Effective June 18, 2020, 500,000 warrants expired unexercised. The warrants were issued on June 19, 2017 with an exercise price of $0.35.

The following table summarizes information with respect to outstanding warrants to purchase common stock during the nine months ended September 30, 2020:

				Weighted			Weighted
				Average			Average		Aggregate
	Warrants			Exercise			Remaining Life		Intrincic
	Outstanding			Price			In Months		Value

Outstanding at December 31, 2019		39,109,000		$	0.24			9	$	0

Issued		-			-			-		-

Exercised		-			-			-		-

Expired		(16,812,500	)	$	(0.26	)		-	$	0

Outstanding at September 30, 2020		22,296,500		$	0.22			5	$	0

The following table summarized information about warrants outstanding at September 30, 2020.

				Weighted Average Life of
		Warrants		Outstanding Warrants
Exercise price		Outstanding		In Months

	0.2		14,734,000		3

	0.25		7,562,500		9

			22,296,500		5