WARRANTS ISSUED TO INVESTORS

6 Months Ended

Jun. 30, 2020

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 outstanding as June 30, 2020		Exercise price		Exercisable through
October 2017		275,000	$	2.00	October 2022

The warrants contain a full ratchet anti-dilution price protection (See note 7B).