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SHAREHOLDERS' EQUITY (DEFICIT) (Tables)

6 Months Ended

Jun. 30, 2019

Stockholders Equity Note [Line Items]

Schedule of summary of the outstanding stock options

		Number				Weighted								Weighted
		Of Shares				Average				Weighted				Average				Aggregate
		Underlying				Exercise				Average				Remaining				Intrinsic
		Options				Price				Fair Value				Contractual Life				Value (1)
															(in years)
Outstanding at December 31, 2018			700,000			$	0.10			$	0.05				2.0			$	-

For the period ended June 30, 2019
Granted			-				-				-
Exercised			-				-				-
Expired			(125,000	)			0.10				-

Outstanding at June 30, 2019			575,000			$	0.10			$	0.05				1.7			$	-
Outstanding and exerciseable at June 30, 2019			575,000			$	0.10			$	0.05				1.7			$	-

(1) The aggregate intrinsic value is based on the $0.0477 closing price as of June 30, 2019, for the Company’s Common Stock.

Series A Preferred Stock Warrants

Stockholders Equity Note [Line Items]

Schedule of outstanding stock warrants

						Weighted
		Common				Average
		Stock				Exercise
		Warrants				Price
Outstanding and exercisable at December 31, 2018			25,000			$	4.00

For the period ended June 30, 2019
Issued			-				-
Exercised			-				-
Expired			-				-
Outstanding and exercisable at June 30, 2019			25,000			$	4.00

Series B Preferred Stock Warrants

Stockholders Equity Note [Line Items]

Schedule of outstanding stock warrants

						Weighted
		Preferred				Average
		Stock				Exercise
		Warrants				Price
Outstanding and exercisable at December 31, 2018			2,820,000			$	3.00

For the period ended June 30, 2019
Granted			-				-
Exercised			-				-
Expired			(2,780,000	)			-
Outstanding and exerciseable at June 30, 2019			40,000			$	3.00

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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