Annual report pursuant to Section 13 and 15(d)

14. Stockholders' Equity (Tables)

v3.20.1
14. Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Schedule of option activity
Options   Shares     Weighted average exercise price     Weighted Average Remaining Contractual Life     Aggregate Intrinsic Value  
Outstanding at January 1, 2019     –     $ –       –       –  
Granted     210,000       5.70       –       –  
Exercised     –       –       –       –  
Forfeited or expired     –       –       –       –  
Outstanding at December 31, 2019     210,000     $ 9.61       9.61       –  
Vested as of December 31, 2019     87,500       5.70       9.61       –  
Exercisable at December 31, 2019     210,000     $ 9.61       9.61       –  
Schedule of options by exercise price
Outstanding     Exercisable  
                     
  Number of       Exercise       Number of       Exercise  
  Options       Price       Options       Price  
  30,000     $ 5.70       30,000     $ 5.70  
  30,000       5.70       30,000       5.70  
  30,000       5.70       30,000       5.70  
  30,000       5.70       30,000       5.70  
  30,000       5.70       30,000       5.70  
  30,000       5.70       30,000       5.70  
  30,000       5.70       30,000       5.70  
  210,000               210,000          
Schedule of assumptions
    December 31,  
    2019  
Risk-free interest rate     1.71%  
Expected life of the options     10 years  
Expected volatility     158.86%  
Expected dividend yield     0%