Post-effective amendment to a registration statement that is not immediately effective upon filing

Stock Options (Tables)

v3.21.1
Stock Options (Tables)
3 Months Ended
Mar. 31, 2021
Equity [Abstract]  
Assumptions
   

Three months ended

March 31, 2021

Exercise price   $ 2.62  
Risk free interest rate     0.92 %
Expected life of options     10 years  
Expected volatility of underlying stock     229.8 %
Expected dividend rate     0 %
Stock option activity
    Number of shares   Exercise price per share   Weighted average exercise price
Outstanding January 1, 2020     315,938     $ 2.72 to 2.96     $ 2.84  
Granted     1,307,000       1.84 to 2.03       1.95  
Forfeited/cancelled                  
Exercised                  
Expired                  
Outstanding December 31, 2020     1,622,938     $ 1.84 to 2.96       2.11  
Granted     50,000       2.62       2.62  
Forfeited/cancelled                  
Exercised                  
Outstanding March 31, 2021     1,672,938     $ 1.84 to 2.96     $ 2.12  
Stock options outstanding
    Options outstanding   Options exercisable
Exercise price   Number of shares  

Weighted

average

remaining years

 

Weighted

Average

exercise price

  Number of shares  

Weighted

average

exercise price

                     
$ 1.84       648,000       9.48                        
$ 2.03       659,000       9.51               158,167          
$ 2.62       50,000       9.67                        
$ 2.72       25,000       5.25               25,000          
$ 2.80       220,625       8.48               82,917          
$ 2.96       70,313       8.27               70,313          
          1,672,938       9.25     $ 2.12       336,397     $ 2.47