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Stockholders' Deficiency
 9 Months Ended
Sep. 30, 2017
Equity:  
Stockholders' Deficiency

Note 6 – Stockholders’ Deficiency

 

Warrants

 

A summary of warrants issued, exercised and expired during the nine months ended September 30, 2017 is as follows:

 

      Shares   Weighted Average Exercise Price   Intrinsic Value
Balance at December 31, 2016       4,275,000     $ .33     $ 45,000  
Issued       —       —       —  
Expired       (100,000 )     (3.00 )     —  
Balance at September 30, 2017       4,175,000     $ .27     $ 18,250  

 

As of September 30, 2017, the options outstanding and exercisable had an intrinsic value of $18,250.