The following table summarizes the Company’s warrant position at June 30, 2018 and December 31, 2017:
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| Weighted Average
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| Number
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| Exercise
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| Exercise
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| of Shares
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| Price
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| Price
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Outstanding warrants -
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|
December 31, 2017
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| 691,365
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| $0.02
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| $0.02
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| |
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Outstanding warrants -
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|
| | |
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June 30, 2018
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| 691,365
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|
| $0.02
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| $0.02
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|
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|
| | |
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Weighted average remaining
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| | |
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contractual life (years)
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| 2.33
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Exercisable warrants -
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June 30, 2018
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| 691,365
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| $0.02
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| $0.02
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Weighted average remaining
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contractual life (years)
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| 2.33
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