General form of registration statement for all companies including face-amount certificate companies

Stockholders' Equity (Tables)

v3.20.4
Stockholders' Equity (Tables)
 9 Months Ended 12 Months Ended
Sep. 30, 2020
Dec. 31, 2019
Equity [Abstract]    
Schedule of Stock Option Cancelled

The number of options cancelled to our officers and directors were as follows:

 

David Phipps, President, CEO, and Director     (5,000 )
Theresa Carlise, CFO     (2,500 )
Hector Delgado, Director     (1,250 )

The number of options cancelled to our officers and directors were as follows:

 

David Phipps, President, CEO, and Director     (5,000 )
Theresa Carlise, CFO     (2,500 )
Hector Delgado, Director     (1,250 )

Schedule of Exercise of Shares
    Options
Exercised		     Exercise
Price		     Market
Price		     Shares
withheld as
Payment		     Common
Stock
Issued		  
David Phipps     21,667     $ 2.55     $ 5.25       10,524       11,143  
Other     18,333     $ 2.25     $ 5.25       7,857       10,476  
      40,000                       18,381       21,619  

 

    Options
Exercised		     Exercise
Price		     Market
Price		     Shares
withheld as
Payment		     Common
Stock
Issued		  
David Phipps     400,000     $ 0.20     $ 0.25       80,000       320,000  
Other     110,000     $ 0.20     $ 0.25       22,000       88,000  
      510,000                       102,000       408,000

As a result of the exercise 21,619 shares of common stock were issued.

 

    Options
Exercised		     Exercise
Price		     Market
Price		     Shares
withheld as
Payment		     Common
Stock
Issued		  
David Phipps     21,667     $ 2.55     $ 5.25       10,524       11,143  
Other     18,333     $ 2.25     $ 5.25       7,857       10,476  
      40,000                       18,381       21,619  

Schedule of Outstanding Stock Options Activities

A summary of the status of the Company’s outstanding stock options and changes during the nine months ended September 30, 2020 is as follows:

 

    Number of
Options		     Weighted
Average
Exercise
Price		     Weighted
Average
Remaining
Contractual
Life
(Years)		  
Balance at January 1, 2020     39,044     $ 17.49       5.16  
Granted     817,000       0.20       9.90  
Exercised     (531,000 )     0.20       9.89  
Forfeited     -       -       -  
Cancelled     -       -       -  
Balance outstanding at September 30, 2020     325,044     $ 2.28       9.25  
Options exercisable at September 30, 2020     325,044     $ 2.28       9.25  

A summary of the status of the Company’s outstanding stock options and changes during the years ended December 31, 2019 and 2018, is as follows:

 

    Number of
Options		     Weighted
Average Exercise
Price		     Weighted
Average
Remaining
Contractual Life
(Years)		  
Balance at January 1, 2018     19,044     $ 29.25       9.01  
Granted     73,750     $ 7.50       4.35  
Exercised     -     $ -       -  
Forfeited     -     $ -       -  
Cancelled     (13,750 )   $ 23.10       2.50  
Balance outstanding at December 31, 2018     79,044     $ 9.90       5.56  
Options exercisable at December 31, 2018     79,044                  
Weighted average fair value of options granted during the period           $ 7.50          
                         
Balance at January 1, 2019     79,044     $ 9.90       5.56  
Granted     -     $ -       -  
Exercised     (40,000 )    $  2.41       4.72  
Forfeited     -     $  -       -  
Cancelled     -     $ -       -  
Balance outstanding at December 31, 2019     39,044     $ 17.49       5.16  
Options exercisable at December 31, 2019     39,044     $ 17.49       5.16  
Weighted average fair value of options granted during the period           $ -       -   

Schedule of Outstanding Stock Warrants Activities

A summary of the status of the Company’s outstanding warrants and changes during the nine months ended September 30, 2020 is as follows:

 

    Number of
Warrants		     Weighted
Average Exercise
Price		     Weighted
Average
Remaining
Contractual
Life
(Years)		  
Balance at January 1, 2020     4,000     $ 60.00       0.62  
Granted     -       -       -  
Exercised     -       -       -  
Forfeited     -       -       -  
Cancelled     -       -       -  
Balance outstanding and exercisable at September 30, 2020     4,000     $ 60.00       0.62  

A summary of the status of the Company’s outstanding stock warrants and changes during the years ended December 31, 2019 and 2018, is as follows:

 

    Number of
Warrants		     Weighted
Average Exercise
Price		     Weighted
Average
Remaining
Contractual Life
(Years)		  
Balance at January 1, 2018     -     $ -       -  
Granted     4,000       60.00       2.37  
Exercised     -       -       -  
Forfeited                        
Cancelled     -       -       -  
Balance at December 31, 2018     4,000     $ 60.00       2.37  
                         
Balance at January 1, 2019     4,000     $ 60.00       2.37  
Granted     -       -       -  
Exercised     -       -       -  
Forfeited     -       -       -  
Cancelled     -       -       -  
Balance outstanding at December 31, 2019     4,000     $ 60.00       1.37