XML 26 R14.htm IDEA: XBRL DOCUMENT v3.10.0.1
Capital Stock
6 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Capital Stock

NOTE 8 – CAPITAL STOCK

 

Preferred Stock

 

The Company is authorized to issue 10,000,000 shares of Blank Check Preferred Stock, par value $0.001 per share. As of June 30, 2018, there were no shares of Blank Check Preferred Stock issued and outstanding.

 

Common Stock

 

The Company is authorized to issue 500,000,000 shares of common stock, par value $0.001 per share. As of June 30, 2018, there were 155,787,534 shares of common stock issued and outstanding and 130,000 shares of common stock to be issued.

 

The following common stock transactions were recorded during the six months ended June 30, 2018:

 

The Company issued an aggregate of 14,362,500 shares of its common stock recorded as to be issued on December 31, 2017.

 

The Company retired an aggregate of 1,790,000 shares of its common stock recorded as to be retired on December 31, 2017.

 

The Company issued an aggregate of 4,494,000 shares of its common stock, having an aggregate fair value of $2,430,347, for services.

 

The Company issued an aggregate of 95,134 shares for its common stock upon the cashless exercise of common stock options.

 

The Company issued an aggregate of 7,647,413 shares of its common stock for the cashless exercise of common stock warrants.

 

The Company issued an aggregate of 3,742,648 shares of its common stock for the settlement of convertible debt.

 

The Company issued an aggregate of 1,370,000 shares of its common stock upon the exercise of common stock warrants for net proceeds of $323,000.

 

The issued an aggregate of 13,700,000 shares of common stock for cash.

 

The Company received $564,000 recorded as subscription receivable as of December 31, 2017.

 

The Company recorded as to be issued an aggregate of 130,000 shares for interest on convertible debt.