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Warrants
6 Months Ended
Jun. 30, 2020
Warrants [Abstract]  
WARRANTS

NOTE 12 – WARRANTS

  

Warrants outstanding and exercisable at June 30, 2019 are as follows:

 

Exercise Price  Warrants
Outstanding
   Weighted Avg.
Remaining Life
   Warrants
Exercisable
 
$0.0001 – 0.25   17,161,137,274    2.46    17,161,137,274 
0.26 – 0.50   465,002    1.19    465,002 
0.51 – 0.75   -    -    - 
0.76 – 1.00   275,000    0.25    275,000 
    17,161,877,276    2.46    17,161,877,276 

 

A summary of the warrant activity for the six months ended June 30, 2020 is as follows:

 

   Shares   Weighted-
Average
Exercise
Price
   Weighted-
Average
Remaining
Contractual
Term
   Aggregate
Intrinsic
Value
 
Outstanding at January 1, 2020   3,342,376,365   $0.00265    2.71   $8,791,956 
Grants   13,819,650,911    0.00040           
Exercised   -    -           
Expired/Canceled   (150,000)   0.53333           
Outstanding at June 30, 2020   17,161,877,276   $0.00051    2.46   $61,739,774 
Exercisable at June 30, 2020   17,161,877,276   $0.00051    2.46   $61,739,774 

  

The aggregate intrinsic value of outstanding stock warrants was $61,739,774, based on warrants with an exercise price less than the Company’s stock price of $0.0040 as of June 30, 2020, which would have been received by the warrant holders had those holders exercised the warrants as of that date.