(8) Equity: Share-based Compensation, Stock Options, Activity (Tables)

6 Months Ended

Jun. 30, 2018

Tables/Schedules

Share-based Compensation, Stock Options, Activity

The below table summarizes warrant activity during the six months ended June 30, 2018:

	Number of Shares		Weighted- Average Exercise Price
Balances as of December 31, 2017		14,978,000«56WN5GAJ»	$	0.15
Granted		165,289,256		0.00242
Exercised		-		-
Forfeited		-		-
Balances as of June 30, 2018		180,267,256	$	0.14

The fair value of each warrant on the date of grant is estimated using the Black-Scholes option valuation model. The following weighted-average assumptions were used for options granted during the six months ended June 30, 2018 and 2017:

	Six Months Ended
	June 30,
	2018			2017
Exercise price	$	0.14			0.15
Expected term	1.88 – 2.84 years				1.88-2.9 years
Expected average volatility		266.35	%		642.19
Expected dividend yield		-			-

The following table summarizes information relating to outstanding and exercisable warrants as of June 30, 2018:

Warrants Outstanding					Warrants Exercisable
	Weighted Average
Number	Remaining Contractual		Weighted Average		Number		Weighted Average
of Shares	life (in years)		Exercise Price		of Shares		Exercise Price
180,267,256		1.78	$	0.14		180,267,256	$	0.14