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Stock Warrants

12 Months Ended

Dec. 31, 2017

Note 16 – Stock Warrants

The following table summarizes the warrants outstanding and the related prices for the shares of the Company’s common stock at December 31, 2017:

		Warrants Outstanding					Warrants Exercisable
Exercise Prices ($)		Number Outstanding	Weighted Average Remaining Contractual Life (Years)		Weighted Average Exercise Price ($)		Number Exercisable	Weighted Average Exercise Price ($)
	5.00	1,000,000		0.96		5.00	1,000,000		5.00

The warrant activity for the year ended December 31, 2017 is as follows:

	Warrants Outstanding			Weighted Average Exercise Price
Outstanding at December 31, 2015		9,132,002		$	0.92
Granted		-			-
Exercised		-			-
Expired or canceled		(8,132,002	)		(0.42	)
Outstanding at December 31, 2016		1,000,000		$	5
Granted		-			-
Exercised		-			-
Expired or canceled		-			-
Outstanding at December 31, 2017		1,000,000		$	5

Stock warrants outstanding as of December 31, 2017, as disclosed in the above table, have an intrinsic value of $0.