Note 9 - Derivative Liabilities (Tables)

12 Months Ended

Dec. 31, 2018

Table Text Block Supplement [Abstract]

Schedule Of Derivative Liabilities At Fair Value

The valuation was based on the Binomial Lattice model. The Company recorded a loss on derivatives of $4,631,731 since the share price of the common stock increased from $0.85 when the liability was acquired on July 14, 2018 to $5.50 as of July 24, 2018.  The details are as follows:

	July 14,	July 24,
	2018	2018
Stock price at valuation date	$ 0.85	$ 5.50
Conversion price	$ 0.13	$ 0.13
Volatility	189.87 %	217.16 %
Risk free rate	0.00 %	0.00 %
Volatility	192.98 %	192.98 %
Number of shares converted	1,000,000	1,000,000
Value of derivative	$ 743,269	$ 5,375,000
Loss on derivative	n/a	$ (4,631,731)