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16. Stockholders' deficit (Tables)
9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Warrants outstanding
                  Nine months ended September 30, 2017
                   
Calculated stock price                 $0.04
Risk free interest rate                 1.48%
Expected life of warrants (years)                  3 years 
expected volatility of underlying stock                 398%
Expected dividend rate                 0%

 

The movements in warrants is summarized as follows:

 

          No. of shares   Exercise price per share   Weighted average exercise price
                   
Outstanding January 1, 2016                  6,300,000   $0.0033 to $0.03    $                 0.14
Granted                19,337,409                       0.03                   0.0300
Forfeited/cancelled                (6,000,000)                       0.15                   0.1500
Exercised                               -                              -                              -   
Outstanding December 31, 2016                19,637,409   $0.0033 to $0.03                   0.0300
Granted                  2,366,666                       0.03                   0.0300
Forfeited/cancelled                               -                              -                              -   
Exercised                               -                              -                              -   
Outstanding September 30, 2017                22,004,075   $0.033 to $0.03   $0.0300

 

 

The following table summarizes information about warrants outstanding at September 30, 2017:

 

  Warrants outstanding   Warrants exercisable
Exercise price No. of shares   Weighted average remaining years   Weighted average exercise price   No. of shares   Weighted average exercise price
                   
$0.0033             300,000    *                      300,000    
$0.03        21,704,075                     2.44                21,704,075    
                   
         22,004,075                     2.44    $               0.03            22,004,075    $                 0.03

 

Options Outstanding
  Options outstanding   Options exercisable
Exercise price No. of shares   Weighted average remaining years   Weighted average exercise price   No. of shares   Weighted average exercise price
                   
$0.12             480,000                     2.08                   480,000    
                   
              480,000                     2.08    $               0.12               480,000    $                0.12