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

Summary of Significant Accounting Policies (Tables)

v3.19.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of Assumptions Used in Black-Scholes Model to Options Issued

The Company values stock options using the Black-Scholes option pricing model. Assumptions used in the Black-Scholes model to value options issued during the years ended December 31, 2018 and 2017 are as follows:

 

    Year Ended     Year Ended  
    December 31, 2018     December 31, 2017  
             
Expected life in years     5.0       2.5 to 5.0  
Stock price volatility     184.45% -190.22 %     84.36% - 173.92 %
Risk free interest rate     2.25% - 3.00 %     1.22% - 2.23 %
Expected dividends     0 %     0 %
Forfeiture rate     18 %     21 %