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

Summary of Significant Accounting Policies (Tables)

v3.20.2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2019
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, 2019 and 2018 are as follows:

 

    Year Ended     Year Ended  
   

December 31,

2019

   

December 31,

2018

 
             
Expected life in years     1.0, 2.0 and 5.0       5.0  
Stock price volatility     180%-413.83 %     184.45% -190.22 %
Risk free interest rate     1.51%-2.75 %     2.25% - 3.00 %
Expected dividends     0 %     0 %
Forfeiture rate     22.48 %     18 %