12. Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2019

Stockholders' equity:

Stock option assumptions

Risk free interest rate	1.74%
Expected term (years)	6.25 years
Expected volatility	36%
Expected dividends	0.0

Option activity

			Weighted		Weighted
			Average		Average
	Number of		Exercise		Remaining		Intrinsic
	Options		Price		Term (Yrs)		Value
Outstanding, January 1, 2019		–		–
Granted		400,000	$	5.66
Exercised		–		–
Expired		–		–
Forfeited		–		–
Outstanding, September 30, 2019		400,000	$	5.66		9.97	$	–
Exercisable, September 30, 2019		–	$	–		–	$	–

Warrant activity

	Number of Warrants		Weighted Average Exercise Price		Weighted Average Remaining Life in Years		Intrinsic Value
Outstanding, December 31, 2018		3,800,003	$	11.50
Issued		14,837,000	$	11.50
Exercised		–		–
Cancelled		–		–
Outstanding, September 30, 2019		18,637,003	$	11.50		4.9	$	–
Exercisable, September 30, 2019		18,637,003	$	11.50		4.9	$	–

Equity Purchase option activity

	Number of		Weighted		Weighted
	Equity		Average		Average
	Purchase		Exercise		Remaining		Intrinsic
	Options		Price		Term (Yrs)		Value
Outstanding, January 1, 2019		–		–
Granted		600,000	$	11.50
Exercised		–		–
Expired		–		–
Forfeited		–		–
Outstanding, September 30, 2019		600,000	$	11.50		3.0	$	–
Exercisable, September 30, 2019		600,000	$	11.50		3.0	$	–