Annual report pursuant to Section 13 and 15(d)

Warrants (Tables)

v3.22.1
Warrants (Tables)
12 Months Ended
Dec. 31, 2021
Warrants  
Schedule of assumptions for warrant activity
       
Exercise Price   $ 2.37  
Dividend Yield     0%  
Volatility     144%  
Risk-free interest rate     0.42%  
Expected life of options     5.0 years  
Schedule of warrant activity
                               
    Warrants Outstanding Number of Shares    

Exercise Prices

Per Share

    Weighted Average Remaining Contractual Life     Weighted Average Exercise Price Per Share  
Balance at December 31, 2019     11,124,405     $ 0.21 - 5.30       4.37     $ 0.84  
Granted     115,375,982     $ 0.21 – 1.55       4.61     $ 0.71  
Exercised     (80,820,087 )   $ 0.21 - 5.30       4.62     $ 0.25  
Expired     (168,335 )   $ 3.30 – 3.60           $ 3.50  
Balance at December 31, 2020     45,511,965     $ 0.21 - 5.30       5.19     $ 1.55  
                                 
Granted     39,740,500     $ 2.37       4.58     $ 2.37  
Exercised     (39,740,500 )   $ 1.55       4.76     $ 1.55  
Expired                     $  
Balance at December 31, 2021     45,511,965     $ 0.21 - 5.30       4.91     $ 2.27  
                                 
Exercisable December 31, 2020     7,176,620     $ 0.76 - 6.00       3.77     $ 2.52  
Exercisable December 31, 2021     44,511,965     $ 0.21 - 5.30       4.77     $ 2.29