WARRANTS

The following table summarizes the changes in warrants outstanding and the related price of the shares of the Company’s common stock issued to non-employees of the Company. The warrants were granted in connection with the proceeds of the sale of common stock with Nociota Holdings Limited in February, 2016 and November, 2016. The fair value of the warrants issued amounted to $142,434. In 2017, warrants were granted in connection with proceeds of the sale of common stock with three individuals. The fair value of the warrants issued amounted to $35,000.

			Exercise		Remaining	Intrinsic
	Shares		Price		Life	Value
Outstanding, February 1, 2017		650,000	$	1.35	2.2 years

Granted		80,000		3.50	3.0 years

Expired/Cancelled		-

Exercised		-

Outstanding-period ending October 31, 2017		730,000	$	1.58	1.60 years	$	-

Exercisable - period ending October 31, 2017		500,000	$	0.70	1.30 years	$	-