General form of registration statement for all companies including face-amount certificate companies

Stock Warrants (Tables)

v3.21.2
Stock Warrants (Tables)
9 Months Ended
Sep. 30, 2021
Warrants Disclosure [Abstract]  
Schedule of summary of the warrant activity
    Warrants Outstanding  
    Number of
Shares
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Term in
Years
    Aggregate
Intrinsic
Value
(in 000’s)1
 
Balance as of January 1, 2021  
-
     
-
 
-
   
 -
 
Granted     7,083,500     $ 0.05      
-
     
- 
 
Balance as of September 30, 2021     7,083,500     $ 0.05       4.5       270  
Exercisable as of September 30, 2021     7,083,500     $ 0.05       4.5       270  

1 The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying warrants and the closing stock price of $0.0881 for our common stock on September 30, 2021.