Quarterly report pursuant to Section 13 or 15(d)

7. Common Stock

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7. Common Stock
6 Months Ended
Jun. 30, 2019
Stockholders' Equity Note [Abstract]  
Common Stock

  7. Common Stock

 

During the six months ended June 30, 2019, the Company issued 42,333,676 shares of its common stock as follows:

 

  · The Company issued 38,406,486 shares of its common stock upon the conversion of $2,045,000 in convertible notes pursuant to the convertible notes conversion prices of $0.05 to $0.15 per share.

 

  · The Company issued 3,138,993 shares of its common stock upon the exercise of warrants for proceeds of $202,000 at exercise prices of $0.05 to $0.18 per share.

 

  · The Company issued 538,197 shares of its common stock upon the exercise of options for proceeds of $71,000 at exercise prices of $0.08 to $0.18 per share.

  

  · The Company issued 250,000 shares of its common stock in exchange for $68,000 for services valued at $0.27 per share.