Stock Options

3 Months Ended

Mar. 31, 2019

Stock Options [Abstract]

STOCK OPTIONS

NOTE 9 – STOCK OPTIONS

Pursuant to the terms on the employment agreement with Mr. Yakov he was granted 200,000 common stock options on January 1, 2019. The grant shall vest at the rate of 1/3 beginning on each anniversary of the effective date of grant. The options have an exercise price of $0.001 and expire in three years after each vest date. The aggregate fair value of the options totaled $39,814 based on the Black Scholes Merton pricing model using the following estimates: exercise price of $0.001, 2.47% risk free rate, 104.8% volatility and expected life of the options of 4 years. The fair value is being amortized over the applicable vesting period and credited to additional paid in capital.

A summary of the status of the Company's outstanding stock options and changes during the year is presented below:

Stock Options	Shares		Weighted Average Exercise Price		Aggregate Intrinsic Value
Options outstanding at January 1, 2019		8,155,168	$	0.0001		-
Granted		200,000	$	0.001		-
Exercised		-	$	-		-
Forfeited		-	$	-		-
Options outstanding March 31, 2019		8,355,168	$	0.0001	$	1,126,752
Shares exercisable at March 31, 2019		66,667	$	0.001	$	8,933