XML 26 R14.htm IDEA: XBRL DOCUMENT v3.19.1
Warrant
12 Months Ended
Dec. 31, 2018
Warrant  
Warrant

8. Warrant

 

In connection with the $100,000 convertible debenture issued to HGT, the Company issued HGT a warrant to purchase 100,000 shares of the Company’s common stock at $1.00 per share. This warrant was not exercised as of December 31, 2018, is exercisable through April 15, 2020 and had a remaining life of 1.29 years as of December 31, 2018. The intrinsic value of the warrant at December 31, 2018 was zero as the exercise price exceeded the closing stock price.