Quarterly report pursuant to Section 13 or 15(d)

STOCK BASED COMPENSATION (Tables)

v3.20.2
STOCK BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2020 and changes during the period then ended: 

 

          Weighted Average     Aggregate  
    Options     Exercise Price     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 June 30, 2020     10,000,000     $ 0.005     $ 66,000  
Exercisable at June 30, 2020     10,000,000     $ —     $ —  
Expected to be vested     —     $ —     $ —  
* Based on the Company’s stock price on June 30, 2020, December 31, 2019, and January 1, 2019, respectively.