Quarterly report pursuant to Section 13 or 15(d)

7. Common Stock

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7. Common Stock
3 Months Ended
Mar. 31, 2019
Stockholders' Equity Note [Abstract]  
Common Stock

  7. Common Stock

 

During the three months ended March 31, 2019, the Company issued 38,681,973 shares of its common stock as follows:

 

  · The Company issued 36,719,820 shares of its common stock upon the conversion of $1,836,000 in convertible notes pursuant to the convertible notes conversion prices of $0.05 per share.

 

  · The Company issued 1,684,375 shares of its common stock upon the exercise of warrants for proceeds of $122,000 at exercise prices of $0.05 to $0.08 per share.

 

  · The Company issued 277,778 shares of its common stock upon the exercise of options for proceeds of $50,000 at exercise prices of $0.18 per share.