CAPITAL STOCK (Tables)

6 Months Ended

Jun. 30, 2022

Equity [Abstract]

Fair value of the outstanding common stock purchase warrants

	Measurement date
Dividend yield		0	%
Expected volatility		279~297%
Risk-free interest rate		0.83~1.22%
Expected life (years)		3.00~5.00
Stock Price		$0.55~$2.80
Exercise Price		0.3~1.00

summarizes information with respect to outstanding warrants to purchase common stock

The following table summarizes information with respect to outstanding warrants to purchase common stock of the Company at June 30, 2022 and December 31, 2021: 

Exercise Price		December 31, 2021		Issued		Repricing		Exercised			June 30, 2022		Expiration Date
$	1.00		560,000						(560,000	)		-
$	1.00		560,000				0.095985					560,000	December 2024
$	1.00		10,487				0.095985					10,487	November 2026
$	1.00				365,000		0.095985					365,000	April 2025
$	0.30				1,466,667		0.095985					1,466,667	May 2025
			1,130,487		1,831,667				(560,000	)		2,402,154

A summary of the warrant activity

A summary of the warrant activity for the period ended June 30, 2022, and December 31, 2021 is as follows:

				Weighted- Average Exercise		Weighted- Average Remaining Contractual		Aggregate Intrinsic
	Shares			Price		Term		Value
Outstanding at December 31, 2021		1,130,487		$	1.00		2.93	$	-
Grants		1,831,667			0.44		-		-
Exercised		(560,000	)		-		-		-
Expired		-			-		-		-
Outstanding at June 30, 2022		2,402,154		$	0.09585		2.32	$	-
Exercisable at June 30, 2022		2,402,154		$	0.09585		2.32	$	-