XML 33 R16.htm IDEA: XBRL DOCUMENT v3.19.1
Warrants
 12 Months Ended
Jan. 31, 2019
Warrants and Rights Note Disclosure [Abstract]  
WARRANTS
10.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.

 

   Shares   Exercise Price   Remaining Life   Intrinsic Value 
Outstanding, January 31, 2018   730,000   $1.58    1.35 years    - 
Granted   250,000    4.00    -    - 
Exercised   (125,000)   4.00    -    - 
Expired/Cancelled   (125,000)   4.00    -    - 
Outstanding, January 31, 2019   730,000   $1.58    0.35 years   $4,101,000 
Exercisable, January 31, 2019   730,000   $1.58    0.35 years   $4,101,000 

 

The following table summarizes additional information relating to the warrants outstanding at January 31, 2019: 

 

        Weighted Average   Weighted Average       Weighted Average 
       Remaining    Exercise Price for      Exercise Price for 
Range of Exercise Prices   Number
Outstanding		   Contractural
Life(Years)		   Shares
Outstanding		   Number
Exercisable		   Shares
Exercisable		 
                      
$0.70    500,000    0.05   $0.70    500,000   $0.70 
$3.50    230,000    1   $3.50    230,000   $3.50