(1) Organization and Description of Business: Share Based Payment (Policies)

6 Months Ended

Jun. 30, 2018

Policies

Share Based Payment:

Share Based Payments:

The Company issues stock, options, and warrants as share-based compensation to employees and non-employees.

The Company accounts for its share-based compensation to employees in accordance FASB ASC 718.  Stock-based compensation cost is measured at the grant date, based on the estimated fair value of the award, and is recognized as expense over the requisite service period. 

During the six months ended June 30, 2018 and 2017, the Company incurred $2,281,246 and $0 in stock based compensation to employees.

The Company accounts for share-based compensation issued to non-employees and consultants in accordance with the provisions of FASB ASC 505-50 “Equity - Based Payments to Non-Employees.” Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The final fair value of the share-based payment transaction is determined at the performance completion date. For interim periods, the fair value is estimated and the percentage of completion is applied to that estimate to determine the cumulative expense recorded.

The Company values stock compensation based on the market price on the measurement date. As described above, for employees this is the date of grant, and for non-employees, this is the date of performance completion.

The Company values warrants using the Black-Scholes option pricing model.  Assumptions used in the Black-Scholes model to value options and warrants issued during the six months ended June 30, 2018 were as follows:

Variables	Values
Stock price	$0.0008
Exercise Price	0.002 - 0.15
Term	1.66-2.84 years
Risk Free Rate	0.25%
Volatility	262.9% - 616.2%

During the six months ended June 30, 2018 and 2017, the Company incurred $200,000 and $85,250 for common stock issued for outside services.