Quarterly report pursuant to Section 13 or 15(d)

6. Stockholders' Deficit (Tables)

v3.20.2
6. Stockholders' Deficit (Tables)
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Schedule of common share activity

The following table summarizes the common share activity related to these agreements for the three months ended June 30, 2020:

 

   

Six Months Ended

June 30, 2020

 
Common shares to be issued, beginning balance     1,747,500  
Shares awarded for potential future issuance     50,000  
Forfeited     (497,500 )
Shares issued     (50,000 )
Remaining shares to be issued, ending balance     1,250,000  
Schedule of warrant activity

The following table summarizes warrant activity for the six months ended June 30, 2020:

 

        Common Stock Warrants  
        Shares       Weighted
Average
Exercise
Price
      Weighted
average
Remaining
Life in years
 
Outstanding at December 31, 2019       4,440,000     $ 1.33       2.6  
Granted                    
Cancelled                    
Expired                    
Exercised                    
Outstanding at June 30, 2020       4,440,000     $ 1.33       2.05  
Exercisable at June 30, 2020       1,334,000     $ 1.13       1.10