WARRANT AGREEMENTS (Tables)

6 Months Ended

Jun. 30, 2019

Warrant Agreements Tables

Schedule of change in warrant

The Company’s warrant activity was as follows:

	Warrants			Weighted Average Exercise Price		Weighted Average Contractual Remaining Life
Outstanding, December 31, 2018		5,340,751		$	2.20		3.80
Granted		9,489,340		$	4.62		4.60
Exercised		(149,249	)	$	1.78		-
Forfeited/Expired		-		$	-		-
Outstanding, June 30, 2019		14,680,842		$	3.69		3.49
Exercisable at June 30, 2019		5,638,770		$	2.09		1.89

Range of Exercise Price		Number of Warrants		Weighted Average Remaining Contractual Life (years)		Weighted Average Exercise Price		Number of Warrants Exercisable		Weighted Average Exercise Price
$	1.00 – $7.00		14,680,842		3.49	$	3.69		5,638,770	$	2.09
			14,680,842		3.49	$	3.69		5,638,770	$	2.09

Schedule of fair value of warrant valuation assumptions

	June 30, 2019			December 31, 2018
Significant assumptions (weighted-average):
Risk-free interest rate at grant date		1.76	%		2.51	%
Expected stock price volatility		129.01	%		156.15	%
Expected dividend payout		-			-
Expected option life (in years)		3			3
Expected forfeiture rate		0	%		0	%