Subsequent event

9 Months Ended

Sep. 30, 2020

Subsequent Events [Abstract]

Subsequent Events

10.       Subsequent Events

a) On October 12, 2020, the Company granted eight individuals the option to acquire an aggregate 34,800,000 options at an exercise price of $0.05 per share until May 25, 2025; 18,300,000 of the options vested at the time of grant while 16,500,000 of the options will vest upon the achievement of performance conditions.

b) On November 4, 2020, the Company filed a preliminary Form S-1 Registration Statement to distribute subscription rights to purchase up to an aggregate 127,522,227 shares of common stock at a price of $0.05 per share for a maximum aggregate offering proceeds of $6,376,111.