Note 11 - Stock Options (Tables)

6 Months Ended

Jun. 30, 2019

Notes to Financial Statements

Schedule Of Share Based Compensation Stock Options Activity

A summary of activity in the stock option plan for the six months ended June 30, 2019 is as follows:

	2019
		Weighted-
		Average
	Number	Exercise
	of Shares	Price
Outstanding as of beginning of the period	1,580,000	$ 0.25
Granted	3,586,000	0.78
Exercised	-	-
Forfeited or expired	-	-
Outstanding as of end of the period	5,166,000	0.62
Exercisable as of end of the period	5,166,000	0.62

Schedule of Stock Options, Valuation Assumptions

The fair value of each option grant is estimated on the date of the grant using the Black-Scholes option-pricing model with the following weighted-average assumptions used for the grants made in the six months ended June 30, 2019:

	2019
Expected life (in years)	2.6
Risk free rate	2.5%
Volatility	393.1%
Dividend yield	-