Quarterly report pursuant to Section 13 or 15(d)

STOCK BASED COMPENSATION (Tables)

v3.20.1
STOCK BASED COMPENSATION (Tables)
 3 Months Ended
Mar. 31, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of options outstanding and changes during the period

The following represents a summary of the Options outstanding at March 31, 2020 and changes during the period then ended:

 

    Options   Weighted Average Exercise Price   Aggregate Intrinsic Value *
Outstanding at January 1, 2019     10,000,000     $ 0.005     $ 120,000  
Granted     —         —         —    
Exercised     —         —         —    
Expired/Forfeited     —         —         —    
Outstanding at December 31, 2019     10,000,000     $ 0.005     $ 40,000  
Granted     —         —         —    
Exercised     —         —         —    
Expired/Forfeited     —         —         —    
Outstanding at March 31, 2020     10,000,000     $ 0.005     $ 55,000  
Exercisable at March 31, 2020     10,000,000     $ —       $ —    
Expected to be vested     —       $ —       $ —    

 

* Based on the Company’s stock price on March 31, 2020, December 31, 2019, and January 1, 2019, respectively.