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Note 8 - Stock-based Awards: Summary of fair value of director options issued and outstanding (Tables)
3 Months Ended
Dec. 31, 2019
Directors  
Summary of fair value of director options issued and outstanding

 

 

Options Granted During the Quarter Ended December 31, 2019

Expected volatility

149.5%

Stock price on date of the note

$0.07

Exercise price

$0.08

Expected dividends

-

Expected term (in years)

5

Risk-free rate

1.66%

Expected forfeiture rate

0%