WARRANTS ISSUED TO INVESTORS

12 Months Ended

Dec. 31, 2017

Warrants Issued To Investors

WARRANTS ISSUED TO INVESTORS

NOTE 5 – WARRANTS ISSUED TO INVESTORS

The Company issued warrants to purchase common stock to investors. The below table lists these warrants and their material terms.

ISSUANCE DATE	NUMBER OF WARRANTS		EXERCISE PRICE		EXERCISABLE THROUGH
January 2010 *		43,069	$	0.055	April 2018
October 2017 **		275,000	$	2.00	October 2022

*  In connection with historic financings, New York Global Innovations Inc. issued 43,069 warrants    which were outstanding as of December 31  2016 & 2017. These warrants have been retroactively adjusted to reflect the 1 to 50 reverse stock split

** Warrants issued in connection with the October 2017 financing and which contain a full ratchet anti-dilution price protection (See note 7B)