| Warrants |
| 12. |
Warrants |
|
The following is a summary of the Company’s outstanding common stock purchase warrants. The 500,000 warrants shown below at an exercise price of $.15 have not yet vested. These warrants were issued as compensation for a four-year advisory agreement. Should the advisor complete the entire term of the engagement, 150,000 warrants will vest on July 24, 2018, another 150,000 on July 24, 2019, another 150,000 on July 24, 2020, and the remaining 50,000 on July 24, 2021. |
| |
|
|
|
Outstanding at |
|
|
|
|
|
|
|
|
Outstanding |
|
| |
Exercise Price |
|
|
June 30,
2017 |
|
|
Issued in
2018 |
|
|
Expired |
|
|
March 31,
2018 |
|
| |
$ |
0.15 |
|
|
|
- |
|
|
|
500,000 |
|
|
|
- |
|
|
|
500,000 |
|
| |
$ |
0.20 |
|
|
|
- |
|
|
|
105,000 |
|
|
|
- |
|
|
|
105,000 |
|
| |
$ |
0.30 |
|
|
|
- |
|
|
|
500,000 |
|
|
|
- |
|
|
|
500,000 |
|
| |
$ |
0.75 |
|
|
|
300,000 |
|
|
|
- |
|
|
|
- |
|
|
|
300,000 |
|
| |
|
|
|
|
|
300,000 |
|
|
|
1,105,000 |
|
|
|
- |
|
|
|
1,405,000 |
|
|