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Stockholders' deficit (Tables)
6 Months Ended
Jun. 30, 2019
Equity [Abstract]  
Warrants outstanding

 

   Six months ended
June 30,
2019
    
Calculated stock price   $0.07 to $0.09 
Risk free interest rate   1.81% to 2.58% 
Expected life of warrants   36 to 60 months 
expected volatility of underlying stock   169.8% to 186.7% 
Expected dividend rate   0%

 

A summary of all of the Company’s warrant activity during the period January 1, 2018 to June 30, 2019 is as follows:

 

      No. of shares     Exercise price per 
share
    Weighted average exercise price  
                     
Outstanding January 1, 2018       49,504,075       0.0033 to $.0.10     $ 0.0690  
Granted       48,295,833       0.10 to $0.12       0.1130  
Forfeited/cancelled                    
Exercised                    
Outstanding December 31, 2018       97,799,908       $0.03 to $0.12     $ 0.0910  
Granted       19,235,183       $0.10 to $0.12       0.1188  
Forfeited/cancelled       (300,000     $0.0033       (0.0033
Exercised                    
Outstanding June 30, 2019       116,735,091       $0.03 to $0.12     $ 0.0954  

 

The following table summarizes information about warrants outstanding at June 30, 2019:

      Warrants outstanding     Warrants exercisable  

 

Exercise price

   

 

No. of shares

   

Weighted average

remaining years

   

Weighted average

exercise price

   

 

No. of shares

   

Weighted average

exercise price

 
                                 
$0.03       21,704,075       0.73               21,704,075          
$0.10       45,668,516       3.60               45,668,516          
$0.12       49,362,500       2.35               49,362,500          
                                           
        116,735,091       2.54     $ 0.0954       116,735,091     $ 0.0954  
Options Outstanding

The following table summarizes information about options outstanding as of June 30, 2019:

      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       0.34               480,000          
                                           
        480,000       0.34     $ 0.12       480,000     $ 0.12