4. Warrants

9 Months Ended

Sep. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Warrants

CCI has no outstanding warrants. However, as of September 30, 2017, Wytec has a total of 6,033,106 common stock purchase warrants outstanding to purchase a total of 6,033,106 shares of Wytec common stock exercisable until various dates through June 30, 2018, 1,731,104 of which are exercisable at an exercise price of $5.00 per share, 163,727 of which are exercisable at an exercise price of $3.00, 2,939,775 of which are exercisable at an exercise price of $1.50 per share, 75,000 of which are exercisable at an exercise price of $1.45 per share, 373,500 of which are exercisable at an exercise price of $1.25 per share, and 750,000 of which are exercisable at an exercise price of $1.00 per share.

The following is a summary of activity of CCI and Wytec outstanding common stock warrants:

	Number of CCI Warrants		Number of Wytec Warrants
Balance, December 31, 2015		85,571,429		2,805,672
Warrants granted		–		4,680,608
Warrants exercised		–		207,000
Warrants repurchased		85,571,429		–
Warrants expired		–		170,000
Balance, December 31, 2016		–		7,109,280
Warrants granted		–		291,727
Warrants exercised		–		1,204,174
Warrants repurchased		–		–
Warrants expired		–		163,727
Balance, September 30, 2017		–		6,033,106
Exercisable, September 30, 2017		–		6,033,106