Quarterly report pursuant to Section 13 or 15(d)

7. Common Stock

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7. Common Stock
3 Months Ended
Mar. 31, 2018
Stockholders' Equity Note [Abstract]  
Common Stock

During the three months ended March 31, 2018, the Company issued 2,674,460 shares of its common stock as follows:

 

  · The Company issued 1,278,750 shares of its common stock upon the conversion of $99,000 in convertible notes pursuant to the convertible notes conversion prices of $0.08 per share.

 

  · The Company issued 1,166,000 shares of its common stock upon the exercise of warrants for proceeds of $58,000 at exercise prices of $0.05 per share.

 

  · The Company issued 179,710 shares of its common stock upon the exercise of options for proceeds of $13,000 at exercise prices of $0.07 per share.

 

  · The Company issued 50,000 shares of common stock in exchange for services in aggregate value of $12,000.